Providing trusted pension services for its clients and their members has been RPMI’s passion for more than 45 years. It develops tailored solutions to ensure it consistently meets and exceeds client needs and those of their members. RPMI looks after the pension needs of more than 200 clients and cares for more than 500,000 scheme members throughout their pension life cycle. RPMI Railpen manages the investment assets of the Railways Pension Trustee Company, and is authorised by the Financial Conduct Authority. Both RPMI Railpen and RPMI support a responsible investment policy, following industry best practice and the trustees’ belief that high standards of corporate governance can lead to better returns. RPMI’s corporate governance team actively engages with investee companies in line with this policy. RPMI pays out more than $128.6 million in benefits each month, and has more than £25 billion ($30 billion) of assets under management.
Michelle Ostermann, managing director of investments at the £30 billion Railpen discusses the pension fund's continued evolution including ongoing organisational change, more assets in-house, a new investment decision making framework, and an increased allocation to private assets.
Amanda WhiteOctober 1, 2020
Michelle Ostermann, managing director of investments at Railpen which manages £30 billion in assets for the Railways Pension Schemes in the UK, discusses the pension fund's continued evolution.
Amanda WhiteSeptember 23, 2020
Innovation is more important than ever given the uncertain and ambiguous times that lie ahead for institutional investors like climate change, political dysfunction and poor returns. “Returns can only come from an ecosystem that works and we need innovation to do this,” said Roger Urwin, global head of investment content, Willis Towers Watson speaking at the Fiduciary Investors Symposium at Cambridge University.
Sarah RundellApril 10, 2019
Despite the constant pull on Railpen chief executive Chris Hitchen’s expertise in other directions, most recently helping to run NEST, the UK government’s new low-cost pension scheme, he is resolute that his primary task is ensuring Railpen, inhouse manager of the £19-billion ($30.4 billion) pension scheme for Britain’s rail industry, successfully delivers on its monthly […]
Sarah RundellNovember 7, 2012
A report conducted by the investment division of the â‚¤15 billion ($24 billion) UK pension fund, Railpen, examines the impact that six years of advisory shareowner votes have had on pay in the UK, leading to some important lessons for contemporaries in the US as they approach a similar regulatory environment and some recent leadership […]
Amanda WhiteSeptember 29, 2009