This site is for members of the Defined Contribution Section of the MUFG Bank UK Pension Fund (also known as 'Portfolio') and is provided to share information on the costs and charges of the various investment options in Portfolio.
As you may know, the MUFG Bank UK Pension Fund is looked after by a board of Trustees who oversee the management of Portfolio. Over the past few months, the Trustees have worked with the firms who manage the various investment options available in Portfolio to obtain more details on the costs and charges of those options.
These details, as disclosed by the firms managing the respective funds, are provided on pages 6 to 12 of the annual Chair's Statement for the year ended 30 June 2019.
The annual Chair's Statement is provided as a document (a PDF) that can be downloaded and printed or viewed directly on this site.
The information provided in the annual Chair's Statement also includes illustrations explaining the expected effect on an example pot of savings, of explicit (e.g. investment management fees) and any implicit (e.g. trading costs within a fund) costs and charges that are deducted within the investment options.
You can also find further information on the investment options within Portfolio in the MUFG Bank UK Pension Fund's Statement of Investment Principles for the DC Section.
This statement includes information on the Trustees' process for choosing investments, their investment objectives and other details that serve as a guide to how they look after Portfolio.
If you require the Chair's Statement or the Statement of Investment Principles in another format, please contact the Mercer Helpline: 0345 600 1168, or write to:
Mercer Retirement Solutions,
P.O. Box 505,
Chichester PO19 9AF.