Docusign Envelope ID: 7C50003C-051D-4E0C-907A-F452AD5C4EA2
UNITED TECHNOLOGIES CORPORATION (UK) PENSION SCHEME YEAR ENDED 31 DECEMBER 2023
STATEMENT REGARDING DC GOVERNANCE
occupational schemes”. These illustrations are set out on the following two pages and are designed to cat er for representative cross-sections of the membership.
For each individual illustration, each savings pot has been projected twice; firstly to allow for the assumed investment return gross of the costs and charges of the fund, and then again, but adjusted for the cumulative effect of the costs and charges of the fund. To determine the parameters used in these illustrations, the Trustee has analysed the members invested over the reporting period and has taken into consideration the range of investment options offered to members. As a result of this analysis the Trustee has presented the following tables with accompanying notes and guidance.
Given that the majority of assets are invested within Scottish Widows, the Trustee has decided not to include illustrations for any other provider.
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