Wired into the company’s DB plan Barbara Teape is an executive support assistant at Scottish Power, where she has worked for 29 years.
Teape is a member of the company’s defined benefit (DB) scheme, having joined before the stakeholder scheme and eligibility criteria requirements for the final salary plan were introduced. “I joined the scheme when I was 20 years old, and I receive regular updates and statements letting me know how much I have. Scottish Power certainly keep me well informed,” she says.
Teape also values the variety of health-related options that are available, especially the on-site gym that is available at the Glasgow head office. She particularly appreciates its convenience and low cost. “I probably use the gym three times a week, and if I wanted to, I could come in on a Saturday and use it, so it’s really useful,” she says.