As a purpose‑driven organisation, Railpen is committed to delivering services that put members’ interests at the centre of every decision. This commitment drives how we uphold regulatory standards, influence policy, and advocate for strong pension outcomes across the UK.
The foundations of our service
Upholding strong governance standards
We work closely with UK pension regulators to ensure we meet – and wherever possible exceed – established expectations and industry best practice. Our approach is reflected in our annual Stewardship Report, recognised by regulators as good practice and awarded the ICGN Global Stewardship Disclosure Award. These commitments demonstrate the importance we place on strong governance and transparent stewardship in delivering long‑term value for members.
Shaping policy for better member outcomes
Our work extends beyond compliance to influencing the policy and legislative environment that supports secure, affordable and sustainable pensions. Using our scale and expertise, we advocate for measures that strengthen outcomes across the UK, including sustainable investment, effective regulation and high scheme standards. This ensures the wider landscape continues to support strong outcomes for current and future members.
Standing up for members' long-term interests
We maintain robust processes and controls across our organisation, equipping colleagues with the knowledge and tools they need to get things right from the outset. And as part of our member‑first approach, we’re committed to standing up for members when it matters. We act whenever their long‑term security could be affected – using our voice, expertise and purpose‑driven mindset to safeguard their interests and help keep their pensions on track.
Championing open DB schemes
We are a long‑standing advocate for open defined benefit (DB) schemes and the vital role they play in delivering stable, predictable retirement outcomes. By championing open DB pensions, we support a pensions landscape that offers members certainty, adequacy and long‑term value. This advocacy reinforces our commitment to protecting strong outcomes for both current and future savers.
Putting members first through strong Trustee leadership
From strategic funding decisions to investment oversight, the Trustee is integral to ensuring we can pay members' pensions securely, affordably and sustainably. Learn how their deep connection to the rail industry and balanced Board structure uphold the standards that put members at the heart of every decision.