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The financial health check of the Fund for 2020 is ready to view
Posted on Sep 09, 2020
We review our financial health regularly; our latest check is at 30 June 2020. Find out more here.
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Nov 30, 2020
Changes announced to the Retail Prices Index (RPI) -
Sep 09, 2020
The financial health check of the Fund for 2020 is ready to view -
Jul 30, 2020
Take a closer look at the finances -
Jul 15, 2020
See what your options are for when you take your pension -
Jun 17, 2020
Thinking about transferring out? Read this first - News topics:
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COVID-19 notice
The Trustee of the NatWest Group Pension Fund is aware that The Pensions Regulator has introduced emergency measures to allow defined benefit schemes to suspend transfer value quotations and payments for three months to help manage the consequences of COVID-19.
The Trustee does not intend to introduce any restrictions or delays at this time, but this will remain under review.
It is however exceptionally important that if you are considering transferring out your benefits that you take independent financial advice. The Trustee may require written confirmation and seek appropriate authorisations from your financial adviser before processing any request to transfer out as this is an irreversible decision. In fact, current UK Law requires the Trustee to obtain this confirmation if your transfer value exceeds £30,000.
If you are thinking about transferring your benefits out of the Fund, you can find ten things you should consider first here. You can also watch several short videos about transferring out in our Video Hub.
Also please be extremely vigilant about potential pension scams.
We are seeing a rise in scam levels so you should never provide information about your Fund benefits or agree to take any action on these unless you have received advice from an authorised independent financial adviser. You can find out more about how to spot a pension scam here. You can also watch a short video about pension scams in our Video Hub.