Trustee Response to Current Market Volatility
The Trustee are actively monitoring the current developments and the impact of the movement in gilt yields on our liability hedging portfolio. The Fund is holding sufficient collateral and cash for current market levels and the robust risk management of the Fund has negated any need to sell assets to meet collateral calls to date. The Fund remains in surplus and funding levels have improved since the last valuation.
NatWest Pension Trustee Limited Net Zero Commitment
We support the Paris Agreement and strongly urge governments to implement the actions that are needed to achieve the goals of the accord, with utmost urgency.
How GMP equalisation could affect your pension
Some members of the Fund have a Guaranteed Minimum Pension (GMP) as part of their Fund pension, which is calculated differently for males and females. This can cause males and females to receive different pension amounts.
The minimum pension age is increasing
In 2028, the youngest age you can retire will change from 55 to 57.
