Global Pension Plan provide an update...

It's been about three weeks since the final deadline at Global Pension Plan passed and up until now the only thing that had happened was the website disappearing for a few days. As expected, this caused something of a panic but the problem was resolved and the site is now back.

There has been a new update posted in the member forum area and it is a little unclear what the timing will now be. It seems that some 83,000 members submitted their documents so there is still an outstanding 17,000 to go. The update does say that there are the required 100,000 members so it should only be a matter of getting the missing documents submitted.

There has also been quite a few errors to correct on the submitted paperwork so some 15,000 members have been contacted to remedy the mistakes and re-submit the paperwork. If you are a member and you've submitted your paperwork and not heard anything back then you should be okay and will be awaiting final approval.

Personally, I can see this dragging on for some time yet so once again patience is the word until we get further clarity.

The update also mentions that the Trust Partner has been working with an International consortium on another opportunity that they will reveal in the not too distant future. It does seem that membership may be limited so we will have to see what this means in practice.

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