News

July 2022

Want to become a Member Nominated Director? Find out how, and meet John and Rob to find out more about the role.

11/07/2022

If you’d like to nominate yourself or support another member’s nomination, visit https://hub.ukevote.uk/npf to find out more! The closing date for nominations is 5pm on 9 August.

April 2022

Investment news – Trustee concludes £172mn bulk annuity purchase with Canada Life

28/04/2022

Canada Life have completed a bulk annuity transaction with Nationwide Pension Fund.

Annual pension increase for pensions in payment

13/04/2022

The details of the pension increases applied from 1 April 2022 are now available to view and you’ll have recently received a letter confirming how this has been applied to your pension.

March 2022

Update from the Trustee about the conflict in Ukraine

30/03/2022

As the conflict in Ukraine continues to unfold, we want to reassure you that the Trustee is closely monitoring the situation and any potential impacts on the Fund.

Pensioner members – have you recently received a tax code notification?

16/03/2022

We understand that some members who are receiving a pension from the Fund may have recently received a notification from HMRC of a change to their tax code. HMRC have confirmed that notifications issued on or after 15 March are likely to have been issued in error and therefore, we’ve not applied these to your March pension payment.

February 2022

NPF Team at Buck – your new pension administration team

18/02/2022

From 21 February 2022, Buck will be your point of contact for everything relating to your NPF pension benefits and to discuss your retirement options. They’re also responsible for holding and maintaining your pension records, calculating member benefits and paying pensions.

January 2022

An update regarding the Directors of the Trustee Board

26/01/2022

In October 2021, John Wrighthouse and Rob Goldspink were re-elected as Member Nominated Trustee Directors following a thorough election process where we saw some excellent candidates.

October 2021

Results of the Member Nominated Trustee Director (MNTD) election

22/10/2021

This year, two of our Member Nominated Trustee Directors’ (MNTDs) Terms of Office were due to end. We ran an election process to fill those vacancies, with four candidates standing. The ballot closed on 28 September 2021 and we’re now pleased to announce the results.

August 2021

Member Nominated Trustee Director election

25/08/2021

From Wednesday 25 August 2021, members eligible to vote in the Member Nominated Trustee Director election will start to receive details from our election partner.

Updated Message from Nationwide - Ongoing pensioner tax code issue

25/08/2021

You may recall that some pensioner members were impacted by a tax code issue resulting from an isolated incident when we reported April’s pay information to HMRC after moving to a new payroll system. If you were affected by this, you’ll have received a communication from us in June.

We know that for the majority of pensioners impacted, you’ll have already had your record corrected and received a revised tax code.