Guaranteed Minimum Pension equalisation
29/10/2025
From November, some members will receive a letter from us about Guaranteed Minimum Pensions (GMPs) and related benefit payments.
Announcements
October 2025
Inheritance tax and your NPF pension
23/10/2025
The government has announced changes that will affect how pension lump sums are treated for Inheritance Tax (IHT) purposes.
An update on Pension Dashboards
23/10/2025
Did you know that UK workers have lost track of around 1.6 million workplace pension pots? That’s a total of £19.4 billion of lost pension savings.
June 2025
Welcome to our new Member Guide
02/06/2025
The new Member Guide page is now available online.
November 2024
Climate change
18/11/2024
The Fund Trustee has a plan to reduce emissions, and is targeting achieving net zero by 2050. You can read more about this in the Summary of the Transition Plan
July 2024
Changes to the Fund’s administrator
01/07/2024
In 2023, we let you know that Buck, the Fund’s Administrator, was acquired by Arthur J. Gallagher & Co (“Gallagher”).
March 2024
Update on the Lifetime Allowance
08/03/2024
Since 2006, pension savings have been subject to a Lifetime Allowance (LTA), which places a limit on the overall value you can build up across all your pensions before having to pay additional tax.
January 2024
Read the Summary of our Climate Risk Report
19/01/2024
The Fund prepared its second annual Climate Risk Report in 2023 and a summary of this is now available.
June 2023
Investment news – Trustee enters £1.7 billion longevity insurance policy with Zurich UK and PICA
21/06/2023
Nationwide Pension Fund is pleased to announce that the Trustee has entered into a £1.7 billion longevity insurance policy with the UK insurer Zurich Assurance Ltd (Zurich UK) and the reinsurer The Prudential Insurance Company of America (PICA).
April 2023
What does the Spring Budget mean for your pension?
04/04/2023
On Wednesday 15th March, Chancellor Jeremy Hunt delivered his Spring Budget, which included the biggest shake-up in the taxation of pensions for over a decade. The Lifetime Allowance is being abolished altogether and the Annual Allowance is being increased by 50%.