Railpen

Railpen's purpose is to secure our members' future. They manage over £34bn in assets for more than 350,000 members, delivering pension administration and investment services across defined benefit, defined contribution, and hybrid schemes, including the Railways Pension Scheme. Everything they do as an organisation – their culture, values, operations, policies and governance – supports them in their purpose to secure members' future.

Built on heritage since 1965, Railpen evolved from the British Rail Pension Scheme office to support the changing needs of the rail industry and its members. Operating on behalf of their Trustee, they prioritise members' interests in all aspects, from scheme management to investment decisions, aiming to maximise long-term savings value. Their agile and innovative approach, underpinned by integrity and a member-first mindset, enables them to work with policymakers and industry leaders to support sustainable pension policy and long-term value creation. All profits are reinvested into paying pensions securely and sustainably, embracing long-term investments that benefit communities, promote innovation, and strengthen the UK economy.