Reference code(s): LMA/4545
Held at: London Metropolitan Archives
Title: ASSOCIATED BRITISH FOODS PENSION TRUSTEES LIMITED
Level of description: Collection
Extent: 10.25 linear metres
Name of creator(s): Associated British Foods Pension Trustees Ltd
Associated British Foods Pension Trustees Limited is the corporate trustee of the pension schemes of Associated British Foods plc (ABF), a global food, ingredients and retail company. Associated British Foods Pensions Trustees Limited is a subsidiary of ABF, and is based at the Weston Centre, Grosvenor Street, London.
ABF was founded by Garfield Weston in 1935 as Food Investments Limited: the company was renamed Allied Bakeries Limited shortly afterwards. Allied Bakeries first established a pension scheme in 1941 and another Weston family company, George Weston Holdings Limited, established a second scheme in 1948. In 1952 the Allied Bakeries Limited Pension Scheme, along with the pension scheme of a subsidiary company, A.H. Palmer Limited, was amalgamated with the George Weston Holdings Limited Scheme. The amalgamated scheme was known as the Allied Bakeries Limited Pension Scheme.
Followed the renaming of Allied Bakeries Limited as Associated British Foods Limited in 1960, the Allied Bakeries Limited Pension Scheme was also renamed, becoming the Associated British Foods Pension Scheme in 1963. The scheme underwent another name change in 1978, becoming the Associated British Foods Pension and Life Assurance Scheme, but this was reversed in 1984 and the scheme continues to operate today as the Associated British Foods Pension Scheme.
Initially the scheme was overseen by individual trustees, but in 1980 they were replaced by a corporate trustee, Associated British Foods Pension Trustees Limited. Prior to this date the company had operated as G W H Properties Limited, holding property investments on behalf of the pension scheme's trustees.
ABF operated a Group Pensions Department which was responsible for the administration of its pension schemes. This department was led by a Secretary or, later, by a Group Pension Manager. These have included P Glover, Alan Herbert and Derek Yarrow. They also employed pensions consulting firms, notably Metropolitan Pensions Association Limited.
In addition to the main ABF Pension Scheme, ABF operated separate pension schemes for senior management (the ABF Senior Executive Pension Scheme and the Allied Bakeries Senior Management Pension Schemes) and a life assurance scheme (the Weston Life Assurance scheme). They also operated a pension scheme to allow their staff to opt out of the state pension scheme, the Allied Bakeries 'Q' Pension Scheme. Since 1935 ABF has taken over a number of companies, resulting in the ABF Pensions Department taking on the administration of subsidiary company's pension schemes: this includes the British Sugar pension schemes.
Another element of ABF's staff benefit provision is the Weston Provident Fund. Established in 1981, the Fund's objective is to assist with the welfare of employees and former employees of the ABF Group and their dependants. . The charity is based in Russell Square, London.
Scope and content/abstract:
Records of Associated British Foods Pension Scheme's trustees, which include:
- the Trustees of Allied Bakeries Limited Pension Scheme,
- the Trustees of George Weston Holdings Limited Pension Scheme,
- the Trustees of Associated British Foods Pension Scheme, and
- Associated British Foods Pension Trustees Limited.
These include the corporate records of the trustees, records of the scheme's administration, finance and property management, and publicity material.
Records for ABF's other pension schemes, namely the senior management pensions schemes of ABF and Allied Bakeries, the Weston Life Assurance scheme and the Allied Bakeries Limited 'Q' Pension Scheme.
Records of G.W.H. Properties Limited, who managed the property of ABF Pension Scheme's trustees.
Records of the Weston Provident Fund.
Records relating to the administration of pension schemes of ABF's subsidiary companies, including the British Sugar pension schemes, the Crazy Prices Pension and Life Assurance Scheme, the D.E. Longe and Company Limited Pension Fund, and the 'Small Pension Funds', which includes the pension schemes of Thomas Burton Limited, Coxes Lock Milling Company Limited, S. Edwards and Sons Bishops Storford Limited, Gilliatt and Sons Limited, S. Healing and Sons Limited, Hipwell and Sons Limited, Andrew G Kidd Limited, J G and B Thompson Limited, William King Limited, Witherington and Over Brothers Limited and Yorkshire's Ideal Flour Mill Limited.
Records of Associated British Foods Trustee Company of Ireland Limited, which acted as trustees for ABF's pension schemes for their staff in Ireland.
ACCESS AND USE
Language/scripts of material: English.
System of arrangement:
LMA/4545/B: Scheme Administration
LMA/4545/C: Scheme Financial
LMA/4545/D: Scheme Property Management
LMA/4545/F: Allied Bakeries Management Pension Scheme
LMA/4545/G: Associated British Foods Senior Executive Pension Scheme
LMA/4545/H: Weston Life Assurance Scheme
LMA/4545/I: G.W.H. Properties Limited
LMA/4545/J: Weston Provident Fund
LMA/4545/K: British Sugar Pension Schemes
LMA/4545/L: Crazy Prices Pension and Assurance Scheme
LMA/4545/M: D.E. Longe and Company Limited Pension Fund
LMA/4545/N: 'Small Pension Funds'
LMA/4545/O: Associated British Foods Trustee Company of Ireland Limited
LMA/4545/P: Allied Bakeries Limited 'Q' Pension Scheme.
Conditions governing access:
These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.
Conditions governing reproduction:
Copyright of this collection rests with the depositor.
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Immediate source of acquisition:
Deposited in May 2010 as part of the Pensions Archive.
This collection forms part of the Pensions Archive.
Rules or conventions: Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.
Date(s) of descriptions: February 2012.