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News updates

  • 22 Jun 2020

    Hot topic

    Correction and apologies

    On 12 March we published an article announcing that for the 2020/2021 tax year, your pension will increase by 1.7%, effective from 6 April 2020.
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  • 04 Jun 2020

    Hot topic

    Support for pension savers

    A new guide, “COVID-19 and your pension” has been published, to equip pension savers with the knowledge and support they need to make informed decisions about their pension.
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  • 29 May 2020

    Hot topic

    Your new Review newsletter is here

    Your latest Review newsletter is now available online for members who are currently paying into the Railways Pension Scheme.
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  • 14 May 2020

    Hot topic

    Insight newsletter available online now

    The 2020 issue of the Insight newsletter for active and preserved members of the IWDC Section of the RPS is available online now.
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  • 20 Apr 2020

    Hot topic

    Watch out for Extra!

    Your Extra newsletter for 2020 has arrived.
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  • 20 Apr 2020

    Hot topic

    Penfriend Spring issue 2020 out now!

    Our pensioner newsletter is available online today.
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  • 14 Apr 2020

    Hot topic

    Tax relief – your secret helper

    Nobody likes paying tax – that’s for sure. But, did you know you get tax relief on your pension contributions which helps you save more?
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  • 06 Apr 2020

    Main News

    Changes to the Annual Allowance and Lifetime Allowance for 2020/21

    The Lifetime Allowance (LTA) has increased to £1,073,100, whilst the income threshold for the Tapered Annual Allowance (TAA) has jumped to £200,000 from 6 April 2020.
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  • 12 Mar 2020

    Hot topic

    Your 2020 pension increase

    For the 2020/2021 tax year, your pension will increase by up to 1.7% if your pension is in payment or you are a preserved member. The increase will be effective from 6 April 2020.
    READ MORE »

  • 12 Mar 2020

    Hot topic

    Budget 2020 – key points for pensions

    Following on from the general election, the new government’s first Budget took place on 11 March 2020.
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  • 02 Mar 2020

    Hot topic

    Start your pension planning early

    Whether you're 20-something or have a few more years to account for, pension planning can seem a bit daunting.
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  • 04 Feb 2020

    Hot topic

    The latest issue of Review is here!

    The Review newsletter is now available online for members who are currently paying into the Railways Pension Scheme.
    READ MORE »
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