Regulated industries

The regulated industries subtopic covers a diverse range of pension arrangements which tend to operate on an industry-wide basis. The schemes generally operate as trust-based funded occupational pension schemes and are not statutory public service schemes like those that operate in the central and local government sectors. Such schemes include:

1. •

   the Combined Nuclear Pension Plan

2. •

   the Electricity Supply Pension Scheme (ESPS)

3. •

   the Railways Pension Scheme

4. •

   the Universities Superannuation Scheme (USS)

The schemes tend to be administered on a centralised basis with an independent trustee. Some schemes like the Railways Pension Scheme and the ESPS are split