Collection LMA/4545 - ASSOCIATED BRITISH FOODS PENSION TRUSTEES LIMITED

Identity area

Reference code

LMA/4545

Title

ASSOCIATED BRITISH FOODS PENSION TRUSTEES LIMITED

Date(s)

  • 1941-2006 (Creation)

Level of description

Collection

Extent and medium

10.25 linear metres

Context area

Name of creator

Biographical history

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.

Archival history

LMA/4545 1941-2006 Collection 10.25 linear metres 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.

Deposited in May 2010 as part of the Pensions Archive.

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.

LMA/4545/A: Corporate

LMA/4545/B: Scheme Administration

LMA/4545/C: Scheme Financial

LMA/4545/D: Scheme Property Management

LMA/4545/E: Publicity

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.

These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.

Copyright of this collection rests with the depositor.

English.

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

This collection forms part of the Pensions Archive.

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.

February 2012. Employment legislation Pensions legislation Government Public administration Health services administration Organization and administration Personnel management Retirement Service industries Financial service industries Pension services Legislation Law Contributory pensions Pensions Social security Social services Occupational pensions Associated British Foods Pension Trustees Ltd

Immediate source of acquisition or transfer

Deposited in May 2010 as part of the Pensions Archive.

Content and structure area

Scope and content

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.

Appraisal, destruction and scheduling

Accruals

System of arrangement

LMA/4545/A: Corporate

LMA/4545/B: Scheme Administration

LMA/4545/C: Scheme Financial

LMA/4545/D: Scheme Property Management

LMA/4545/E: Publicity

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 of access and use area

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.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English.

Physical characteristics and technical requirements

This collection forms part of the Pensions Archive.

Finding aids

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Allied materials area

Existence and location of originals

Existence and location of copies

Related units of description

Related descriptions

Notes area

Alternative identifier(s)

Access points

Place access points

Name access points

Genre access points

Description control area

Description identifier

Institution identifier

London Metropolitan Archives

Rules and/or conventions used

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.

Status

Level of detail

Dates of creation revision deletion

Language(s)

  • English

Script(s)

    Sources

    Accession area