Latest news | Railways Pension Scheme

Is the State Pension enough to live on?

Apr 3, 2024

The State Pension will increase by 8.5%, to £221.20 a week in April. But here’s why that might not be enough to make ends meet when your working days are over…
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For the 2024/25 year, your railways pension will increase by up to 6.7%

Mar 28, 2024

Your 2024/25 pension increase will be effective from 8 April 2024. Here’s more information about your pension increase.
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Why a freeze on your pension contributions may not be a good idea

Mar 18, 2024

As the cold months of winter come to an end, we explain why a freeze on your pension contributions now could impact your financial future later.
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Understanding the 'G' in 'ESG'

Mar 14, 2024

The ‘G’ in ESG stands for ‘governance’ (or corporate governance) and refers to the way a company is managed.
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Free will writing for the rail industry this month

Mar 12, 2024

Charity the Railway Benefit Fund (RBF) has teamed up with free will writing service Bequathed to offer free will writing to the rail industry this March.
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Your pension updates from the Spring Budget 2024

Mar 7, 2024

On 6 March the Chancellor of the Exchequer, Jeremy Hunt, delivered the government’s Spring Budget 2024. So, what does it mean for pensions?
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Mind the gender pension gap

Mar 7, 2024

The gender pension gap is a serious issue which has led to women making up more than two-thirds (67%) of pensioners currently living in poverty in the UK.
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Nourish your mental, physical and financial wellbeing this leap year - 29 February

Feb 29, 2024

Use your extra day this leap year to do things that are good for you, your finances and your future.
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Maximise your pension saving before the 2023-24 tax year ends

Feb 26, 2024

The tax year is ending soon. Here’s why you might want to save more into your pension before the tax year is up.
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Scams are on the rise - keep your guard up!

Feb 19, 2024

Pension savers have lost a total of £26.4 million to pension scams in the past few years.
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Cost of retirement up by thousands

Feb 16, 2024

New figures show that the cost of retirement has risen by up to £9,100 a year, depending on the type of lifestyle you want when you stop work.
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A step in the right direction, moving towards a paperless pension

Jan 29, 2024

In response to member feedback, we’re taking steps to reduce the Fund’s environmental impact and make it easier for you to access your documents online.
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Making logging in to (and registering for) your account easier

Jan 22, 2024

To make logging in to and registering for an account easier, you will soon access your account using two-factor authentication (2FA).
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Kick-start your financial fitness, this New Year

Dec 19, 2023

January is a great time to reassess your finances and savings. You can use this Financial Wellness month (January 2024) to set new saving and budgeting goals to help you have a great year, and a stronger financial future.
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Thank you to our Platform members

Dec 18, 2023

It’s been another busy year for our Platform member group, and we are so grateful for the insights they have shared with us.
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Read all about it - popular stories of 2023

Dec 18, 2023

Hot off the press, here’s a look back at the most popular news stories of 2023.
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Festive season Helpline opening hours

Dec 6, 2023

Take note of our Helpline opening hours over the festive season, should you wish to contact us during this time.
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Understand how your pension is invested, with Railpen's new Member Review

Dec 4, 2023

Get to grips with how your pension is invested with a new member-focused report.
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Autumn Statement 2023 and how it affects pension saving

Nov 27, 2023

On 22 November 2023, Chancellor Jeremy Hunt presented the Autumn Statement.
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Your December 2023 issue of Focus is now available online

Nov 27, 2023

The latest issue of the Focus newsletter for members currently paying into the Fund is now online.
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Also in this section

Each of Railpen Limited (registered in England and Wales No. 2315380) and Railway Pension Investments Limited (RPIL) (Registered in England and Wales No. 1491097) is a wholly owned subsidiary of Railways Pension Trustee Company Limited (Registered in England and Wales No. 2934539). Registered office for each company: 100 Liverpool Street, London EC2M 2AT. RPIL is authorised and regulated by the Financial Conduct Authority for some of its activities. The administration of occupational pension schemes is not a regulated activity. Full details about the extent of RPIL's authorisation and regulation by the Financial Conduct Authority are available from us on request.