See what you would get at retirement
You only retire from the Fund once, so the process of retiring – the many choices you need to make and steps you need to take – may surprise you.
For example, did you know it can take up to 6 months to retire? Make sure you give yourself enough time, especially if you have your heart set on a certain date.
You can explore your options, find out what your benefits could be worth, and even retire online, by logging into your pension record.
Nominate a beneficiary
It’s important that you tell us who you’d like your money to go to when you die. This will help to make sure we give your pension money to the right person.
If your circumstances change – for example, you get married or have children – you might want to change who your money goes to. So if you’ve already given us some names, it’s a good idea to make sure you’re still happy with who you’ve chosen from time to time.
Update your details
We are committed to reducing the carbon footprint of the Fund by cutting the amount of paper we send to members – you can access the letters we send to you in your pension record.
To get a notification when there is a new document waiting for you online, make sure that we have your up-to-date contact details.
It’s also important that you update your personal details if your circumstances change, for example, if you leave the bank, move house, get married or form a civil partnership or get divorced.
Get financial advice
Your Fund benefits could be an important part of your future finances. So, before you make any big decisions like transferring out or retiring, you may want to speak with an independent financial adviser.
If you are over age 52, you can take advantage of the competitive charges with Liverpool Victoria Financial Advice Services Limited (LVFAS) that the Trustee has arranged.
Let us know a member has died
We will help you as quickly as we can.
If the member was still employed by the bank when they died, please email the NatWest HR team with their details.
If they were no longer working for the bank, please notify us by completing the Report a death form online. It takes around 15 minutes to complete.
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.
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.
Take care of your financial wellbeing
Feeling in control of your money is important for your financial wellbeing and your mental health.