Latest News

6 April 2024

The Lifetime Allowance has been abolished

Following last year’s Autumn Statement, the government confirmed that the Lifetime Allowance would be abolished on 6 April 2024. This means there is no longer a tax limit on the amount of pension benefits you can build up over your lifetime.

News update

9 January 2024

Join the Trustee Board: apply now to be the Fund’s next Trustee Director

Do you want to be involved in running the Fund? The Trustee is inviting applications from members to serve as one of the Fund’s next Trustee Directors for an initial term of four years.

News update

20 December 2023

Request for information

If you have received a request from WTW on behalf of the Trustee of the NatWest Group Pension Fund to complete and return a Personal Details Form, we confirm that this is a genuine request from the Trustee who are undertaking a review of the data held on the administration records to ensure it is accurate and up-to date.

News update

6 April 2023

Pension allowance changes from 6 April 2023

In this year’s Spring Budget, the Chancellor announced significant changes to pension allowance limits. This means you can now save more towards your retirement, before facing any extra tax charges.

Latest news

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 for managing your financial wellbeing.

Latest news

10 January 2023

Top five tips for managing the rising cost of living

The rising cost of living is affecting people across the country. But the helpful news is there are plenty of ways to spend wisely and make your savings last longer. Take a closer look at your spending habits and see where you can save.

Latest news

12 October 2022

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.

Fund update

13 October 2021

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.

Latest news

21 September 2021

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.

Latest news

5 August 2021

The minimum pension age is increasing

In 2028, the youngest age you can retire will change from 55 to 57.