News Update

20 March 2023

Take care of your financial wellbeing

Feeling in control of your money is important for your financial wellbeing and your mental health.

Here are some tips to help you feel more in control and keep money-related worries at bay:

  • Learn more about your wellbeing

    The Bank Workers Charity hosts free, live webinars every month covering different aspects of wellbeing. They are 45 minutes long, delivered by subject matter experts and some include a Q&A session at the end.

    Missed a live webinar?

    Don't worry! You can watch a recording of the 'Financial wellbeing and the cost-of-living crisis' webinar.

  • Ask for help

    If you’re worried about money, there are services and support to help you. The Fund has partnered with the Bank Workers Charity to support current and former bank employees and their families by providing information, advice, expert support and in some cases financial help. Services are free, confidential and independent of the bank.

    Visit or call 0800 0234 834 for more information.

    Did you know?

    You can get financial wellbeing support through the Bank Workers Charity’s 'PAM Assist Wellbeing App'.

    Sign up for the app.

    If you’re already receiving your pension, you may qualify for help from the NatWest Group Pensioners Benevolent Fund, which provides grants for a wide range of needs such as replacing a broken set of glasses, providing a mobility device or paying for repairs to central heating boilers. You can apply for a grant by completing the application form

  • Work out your budget

    The Citizens Advice budgeting tool can help you see what you’re spending and saving each month. Putting some money aside for a ‘rainy day’ to cover any unexpected bills will give you more peace of mind. It may even help you cut some costs if your current spending choices are holding you back from meeting your long-term financial goals.

  • Are you worried about debt?

    If you’re worried about debt, you don’t need to struggle alone. Speaking to a trained and experienced debt adviser about your situation can help you see what the best decision for you might be. They can tell you ways to deal with the money you owe and help you get out of debt faster.

    Find a free and confidential debt adviser using MoneyHelper's debt advice locator service.

  • Speak to an expert

    Before you make any big financial decisions, for example, opting out of the Fund or transferring your benefits, speaking to a financial adviser could save you money, time, and sleepless nights. Use MoneyHelper's directory to find an FCA-registered adviser yourself.

    For LV retirement or transfer advice call 0800 022 3866

    If you’re over age 52, you can speak to Liverpool Victoria Financial Advice Service Limited who may be able to provide advice at preferential rates arranged with the Trustee.

If you have any worries about your pension, please get in touch with the Fund administrator.