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.
Company background (public record)
The company was incorporated at Companies House on 2 October 2007 under company number SC331701. Its status at Companies House is recorded as dissolved.
Registered office: James Miller House, 98 West George Street, Glasgow, G2 1PJ.
Previously named: RED 2 BLACK UK FINANCE LIMITED.
Nature of business (SIC): 7487.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 02 Oct 2007 | Company incorporated | Companies House |
| 02 Oct 2007 | Pearse Flynn appointed secretary | Companies House |
| 02 Oct 2007 | Pearse Flynn appointed director | Companies House |
| 02 Oct 2007 | Brighton Secretary Limited appointed corporate-secretary | Companies House |
| 02 Oct 2007 | Brighton Secretary Limited resigned as corporate-secretary | Companies House |
| 02 Oct 2007 | Jose Aibaiad appointed director | Companies House |
| 02 Oct 2007 | Brighton Director Limited appointed corporate-director | Companies House |
| 02 Oct 2007 | Brighton Director Limited resigned as corporate-director | Companies House |
| 16 Jan 2008 | Pearse John Flynn approved by the FCA at the firm | FCA Register |
| 16 Jan 2008 | Jose Ramon Albalad approved by the FCA at the firm | FCA Register |
| 24 Jan 2008 | William Scott Mckee appointed director | Companies House |
| 24 Jan 2008 | Christopher William Jones appointed director | Companies House |
| 24 Jan 2008 | Mary Lyndsay Taylor appointed director | Companies House |
| 11 Aug 2008 | Mary Lyndsay Taylor resigned as director | Companies House |
| 01 Sep 2008 | Jose Aibaiad resigned as director | Companies House |
| 01 Nov 2008 | Christopher William Jones resigned as director | Companies House |
| 26 Aug 2009 | Company renamed (previously RED 2 BLACK UK FINANCE LIMITED) | Companies House |
| 08 Sep 2009 | FCA status recorded as: No longer authorised | FCA Register |
| 02 Dec 2009 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 28 Jan 2011 | Company dissolved (creditors’ voluntary liquidation) | Companies House |
| 22 Nov 2012 | Declared in default by the FSCS | FSCS |
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Pearse John Flynn. Listed on the FCA Register as having held Responsible for Insurance Mediation (16/01/2008 to 08/09/2009), CF1 Director (16/01/2008 to 08/09/2009), CF8 Apportionment and Oversight (16/01/2008 to 31/03/2009) at the firm.
- Jose Ramon Albalad. Listed on the FCA Register as having held CF1 Director (16/01/2008 to 08/09/2009) at the firm.
- Pearse Flynn. Listed at Companies House as secretary (appointed 2007-10-02).
- Pearse Flynn. Listed at Companies House as director (appointed 2007-10-02).
- William Scott Mckee. Listed at Companies House as director (appointed 2008-01-24).
- Brighton Secretary Limited. Listed at Companies House as corporate-secretary (appointed 2007-10-02, resigned 2007-10-02).
- Jose Aibaiad. Listed at Companies House as director (appointed 2007-10-02, resigned 2008-09-01).
- Christopher William Jones. Listed at Companies House as director (appointed 2008-01-24, resigned 2008-11-01).
- Mary Lyndsay Taylor. Listed at Companies House as director (appointed 2008-01-24, resigned 2008-08-11).
- Brighton Director Limited. Listed at Companies House as corporate-director (appointed 2007-10-02, resigned 2007-10-02).
Review page sources: FCA Register (FRN 476482) · Companies House (SC331701) · FSCS. Public records, provided for transparency.
