Pension Scheme

G4S - 2020 Implementation Statement

This implementation statement is a new addition to the Trustee Report and Accounts, required by pensions regulations.

Statement of investment principles

The Statement sets out the high-level objectives, principles and policies governing the investment decisions made by the Trustee in relation to the Scheme’s three sections.

Privacy Statement

G4S Trustees Limited (“the Trustee”), the trustee of the G4S Pension Scheme (“the Scheme”), is committed to protecting the privacy and security of your personal information.

Acquisition of G4S plc by Allied Universal

As you may be aware, on 5th April 2021 Allied Universal announced its acquisition of G4S plc ("G4S"). This announcement followed a formal offer from Allied Universal to purchase G4S, which was recommended by the G4S Board and accepted by G4S shareholders.

As Trustee of the Scheme, we entered into discussions with Allied Universal shortly after it announced an interest in acquiring G4S, in order to understand the impact on the Scheme and to look after the interests of Scheme members. After extensive discussions we negotiated a comprehensive pensions agreement with Allied Universal which we believe represents a very positive outcome for the Scheme. The purpose of this letter is to provide further information regarding the agreement reached.

Allied Universal update

As you may have seen from the press, Allied Universal has announced that enough shareholders have accepted its takeover offer for G4S plc and the takeover of G4S by Allied Universal is expected to complete shortly. For information, GardaWorld dropped out of the bidding.

The Trustee of the G4S Pension Scheme had already agreed a funding and support package for the Scheme with Allied Universal, to be implemented in the event that its offer was successful, and the Trustee is now engaged in discussions with Allied Universal regarding the implementation of this package.  We will provide a more detailed update shortly

G4S Pension Scheme (“the Scheme”) – Agreements with GardaWorld and Allied Universal

As you may be aware, G4S has received takeover offers from both GardaWorld and Allied Universal. Since we wrote to members in October 2020, we have been actively engaged in discussions with both parties to understand their proposals for the Scheme should either company succeed in acquiring G4S.

Garda and Allied Frequently asked questions 

December - Garda and Allied FAQs

G4S Pension Scheme Update to Members 29 October 2020

As outlined in our initial letter to members dated 8 October, we promised to provide you with general updates via the website on the process and the actions that Trustee is taking on your behalf.

Letter to members Oct 20

G4S Pension Scheme (“the Scheme”) – GardaWorld Offer to Buy G4S

FAQs Oct 20

Read our frequently asked questions