RBS Group Pension Fund
The RBS Group Pension Fund is a significant component of the retirement benefits offered to employees of the Royal Bank of Scotland Group, now known primarily as NatWest Group. This fund is a defined benefit pension scheme, providing members with a pension based on their salary and length of service, ensuring a predictable income in retirement. Established to support the financial security of the bank’s employee’s post-retirement, the pension fund is managed to address the long-term liabilities associated with these defined benefits. As with many large corporate pensions, the RBS Group Pension Fund has faced challenges related to economic fluctuations and regulatory changes. In response, the fund has adapted its investment strategies and benefit structures to sustain its financial health and continue meeting its commitments to current and future retirees.