The announcement coincides with the 80th anniversary of the not-for-profit organisation, which began life providing holiday stamps to the construction industry during the Second World War.
Today, it provides a range of straightforward financial products, including The People’s Pension, which has more than six million members.
With assets under management currently more than £17bn and serving more than 100,000 employers across the UK, it has grown to become one of the biggest pension schemes in the country.
Patrick Heath-Lay, Chief Executive Officer, said: “We have always been the people’s partner. Founded for social good, as a not-for-profit – or profit for people – organisation, our customers, our members, are always our main focus. And whatever we do, that will never change.
“Our purpose is to help people, from all sectors across the UK, to build financial foundations for life, giving greater financial security to millions.
“So, this isn’t just