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The Insider's View of Bbc Wales

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The Insider's View of Bbc Wales The newspaper for retired BBC Pension Scheme members • February 2018 • Issue 1 PROSPERO THE INSIDER’S VIEW OF BBC WALES PENSION PAGE 6 SCHEME | PENSIONS BBC expands Trustee Board Trustees Anne Bulford The BBC Pension Scheme has changed the structure of its Trustee Board, following the (BBC) Grant Cassidy (MNT) BIll Matthews closure of the BBC Trust in April last year. The changes take the total number of Trustees (Chair and Independent from nine to 11. Trustee) Bill Matthews (formerly the BBC Trust Trustee) and Kevin Carter (formerly a BBC-appointed Post Vacant (BBC) David Gallagher Trustee) have taken up roles as Independent Trustees. The Scheme is now recruiting a third (MNT) Kevin Carter Independent Trustee, who will join in the summer of 2018 and will take over as chair when (Independent Trustee) Bill Matthews, the current chair, retires at the end of December 2018. Martyn Freeman (BBC) Leslie Huss-Smickler (MNT) Post Vacant (Independent Trustee) David Jordan For full Trustee biographies (BBC) Rostam Kilgour visit bbc.co.uk/mypension (MNT) January 2018 BENEFITS UPDATE State pension • The chancellor pledged a £1.5bn package to The State pension will increase by 3% in April – the ‘address concerns’ about the delivery of Universal Fraudulent investments biggest jump in the benefit since 2012. The triple lock Credit, and said that the initial seven-day waiting Research by the Financial Conduct Authority system means the State pension rises by the greater of period for processing of claims was to be scrapped. (FCA) revealed that around one in five people annual price inflation, as measured by the Consumer Claimants will be able to access a month’s worth aged 55-plus, who suspect that they have been Prices Index (CPI), earnings growth, or 2.5%. Pensioners of support within five days, via an interest-free approached about a fraudulent investment in the in receipt of the new State pension will see their advance, from January 2018. This can be repaid last three years, did not report it. Almost half said payments rise from £159.55 to at least £164.34, meaning over 12 months. Housing Benefit will continue they did not know who they should report it to. they will be almost £250 better off. However, pensioners to be paid for two weeks after a Universal The FCA has therefore launched a campaign who reached State pension age before 6 April 2016 and Credit claim. encouraging people to get in touch if they believe are on the old basic State pension will only see their they have been targeted by scammers in this way, • Mr Hammond announced £44bn in government State pension increase from £122.30 to £125.97 a week, so that it can help protect other consumers from support to boost construction to meet the giving a lower increase of £191. fraudulent schemes. The regulator publishes the target of building 300,000 new homes a year FCA Warning List, an online tool that helps by the mid-2020s. He also said that councils will Pension Credit be able to levy a 100% council tax premium investors check a list of firms operating without Pension Credit is a non-taxable income-related on empty properties. This means a homeowner authorisation. It currently includes almost 4,000 benefit. It tops up pensioners’ weekly income if it’s could pay up to 200% of the council tax on firms to avoid. Suspected investment scams can below £159.35 (for single people) or £243.25 (for an empty property. be reported to the FCA at fca.org.uk/scamsmart couples). In 2015/16, more than £6 billion in Pension or via its contact centre on 0800 111 6768. Credit was claimed by people on low incomes to • Tobacco will continue to rise by 2% above Retail help cover their basic living costs. However, four in Prices Index (RPI) inflation, while the duty on beer, ten pensioners could be missing out. More than wine, spirits and most ciders will be frozen. Missed the postman? £3.3 billion was unclaimed in 2015/16, an average • In 2018, fuel duty will remain frozen for the eighth Action Fraud is warning annual amount of £2,000 for each entitled family consecutive year, but the government unveiled plans people to look out for a new who does not claim. to introduce a tax for diesel cars that do not meet scam, where you get a the latest emissions standards (although this will ‘something for you’ card Autumn budget not apply to vans). through your letterbox that Philip Hammond, Chancellor of the Exchequer, delivered • The government will also seek views on reducing looks like it’s come from the his Autumn Statement to the House of Commons on disposable plastic waste (e.g. coffee cups and Royal Mail. 22 November 2017. Here are some of the highlights: takeaway boxes) through the tax system and The cards, which lack the • The Personal Allowance will increase from the current charges. The introduction of the 5p carrier bag Royal Mail logo, look almost identical to the ‘something £11,500 to £11,850 for the 2018/19 tax year. charge has reduced the use of plastic bags by for you’ slips that are posted through homes when a 80% in the last two years. delivery can’t be made. • The Higher Rate Threshold will increase from £45,000 to £46,350. Probate online The cards urge recipients to phone a number to organise If you need to apply for the right to deal with the re-delivery. After ringing the number, the automated • From April, the National Living Wage will rise 4.4% affairs of someone who has died (‘probate’), message asks for your details and consignment number. from £7.50 an hour to £7.83. The National Minimum you can now do it online, provided the following Some people who have done so claim to have been Wage will also increase: criteria are met: charged £45. - 21 to 24 year olds: £7.38 an hour • Only one executor is applying If in doubt, do not call the number provided, do not give - 18 to 21 year olds: £5.90 an hour your card details or personal information – and contact • There is an original Will - 16 and 17 year olds: £4.20 an hour Action Fraud on 0300 123 2040. You can also sign up - Apprentices: £3.70 an hour • The person who has died classed England for free to Action Fraud Alert to receive direct, accurate and Wales as their permanent home or information about scams and fraud in your area by • Stamp duty in England, Wales and Northern Ireland intended to return to England and Wales email, recorded voice and text message. has been abolished for first-time buyers on homes up to live permanently. to £300,000 and on the first £300,000 of properties up to £500,000. If the property is valued at more If you meet the criteria and would like to apply online, than £500,000, the buyer won’t qualify for the stamp please contact the HMRC helpline (0300 123 1072) duty exemption even if it is their first purchase. who can provide you with the details. 2 | BACK AT THE BBC PROSPERO WORLD CLASS OUTPUT Prospero is provided free of charge to retired Scheme members, or to their spouses and dependants. A commitment to world class output means pronouncing words correctly. It’s the job of our Prospero provides a source of news on former colleagues in the BBC’s Pronunciation Research Unit to offer support and provide expert colleagues, developments at the BBC and pension direction. Ariel Networker Sarah Jackson met the Unit’s Head, Martha Figueroa-Clark. issues, plus classified adverts. It is available online at bbc.co.uk/mypension ave you ever wondered how the BBC’s presenters Martha: It is inevitable that mispronunciations will be To advertise in Prospero, please see page 12. can casually rattle off the most obscure of names? heard on-air, particularly in live broadcasting where HFrom far flung footballers to unfathomable there isn’t always time to check pronunciations. Please send your editorial contributions, or pharmaceuticals, can they really know all that stuff off the comments/feedback, to: Mispronunciations can often fall into the top of their heads? Well no. Luckily, there are people who Prospero, BBC Pension and Benefits Centre, following categories: do, or at least can get the answer for you. Broadcasting House, Cardiff CF5 2YQ Place name mispronunciations: Kiev as kee-YEV instead Sarah Jackson: With only three members it must be Email: [email protected] of KEE-eff or KEE-ev. tricky to deal with the amount of requests. Can you tell Please make sure that any digital pictures you send us where these queries come from and how long they Foreign personal name mispronunciations: ‘Andrei’ is are scanned at 300dpi. Please also note that the take to answer? often pronounced ON-dray by native English speakers, maximum word count for obituaries is 350 words. instead of an-DRAY (‘a’ as in man, stress on final syllable). Martha Figueroa-Clark: Queries can come from any part of the BBC. One minute we might be working on a Latin English words: English words can be the trickiest query for The Archers, the next we could be researching because native English speakers aren’t always aware a foreign politician’s name, a scientific term or an that they’re mispronouncing a word. For example Contents obscure film character. ‘biopic’ as bigh-OPP-ick rather than as BIGH-oh-pick or ‘mischievous’ pronounced as miss-CHEE-vi-uhss instead Sarah: What are your team’s specific backgrounds and Letters 4-5 how do you go about researching the correct of MISS-chiv-uhss.
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