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The Pensions and Lifetime Savings Association represents 1,300 pension funds which together provide pensions for 22 million people and have more than £1000 billion of assets. [2] Members' pension schemes include defined benefit, defined contribution, group personal pensions and statutory schemes such as those in local government.
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Tesco's South Korean discount store chain, Home Plus, currently has 66 outlets. [147] [148] In September 2015 the company was sold to MBK Partners, a South Korean buyout firm, which partnered with a Canadian pension fund and Singapore's Temasek Holdings in a transaction worth 4.2 billion pounds. [149]
A Tesco superstore was built in 1994 along with a petrol station, which was later expanded into a Tesco Extra. It was the first to be built with natural light let in. [ 37 ] The Jarman Leisure Centre complex opened on 25 August 1995, originally managed by The Rank Organisation until 2007 and currently managed by the Tesco Pension Fund.
In June 2007, Tesco.com became the first home delivery company in UK to provide customers the option of delivering shopping in green boxes without carrier bags in a bid to reduce the amount of carrier bags used as part of Tesco's green commitment. In return for customers going bag free they receive green clubcard points. [6]
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This took the form of a large, thin card (British Rail form number BR 24889 A) with a pre-printed expiry date of 31 March 1976 (so Railcards issued later in 1975 were valid for less than a full year), on which the holder's name, address, pension book number and signature had to be added. Holders had to meet one of the following criteria: