We published the timescales for Greenbury requests in our Pensions Update of November 2019.
We asked that all requests for disclosure information, which includes pay figures up to 31 March 2020, are received between 7 January 2020 and 28 February 2020.
We appreciate that in the majority of cases the pay figures provided will be estimated and during last year’s exercise we were asked to recalculate a number of cases after an individual’s pay up to 31 March 2019 had been finalised.
Due to the limited timescale we have to complete the exercise which must correspond with the group financial reporting timetable for 2019/20, we will not be able provide revised calculations once final pay figures are known.