PENSIONWIDE SUMMER 2023

Welcome to Pensionwide

Welcome to Pensionwide, the magazine for Nationwide Pension Fund members.

2022 was an eventful year for many, including the Pension Fund. The Trustee has been active to protect the Fund during volatility and uncertainty in financial markets. Recently, the Trustee has completed the 31 March 2022 triennial valuation and a summary of the funding position is available to view in the ‘Your pension updates’ section. The Trustee also completed a transaction to transfer longevity risk.

There have also been changes to the Trustee Board, where we welcomed the election of Pete Corrie and the re-election of Sarah Garrett.

The pensioner groups have been busy. Take a look at the 'Pensioner group news and contacts section’ for more information on what they’ve been up to and their plans for the rest of the year.

Check out the update on how we’ve improved your Fund website and what the recent Spring Budget announcement means for your pension in the respective sections.

If you need information about your pension, have any comments on this issue of Pensionwide, or suggestions for future issues, email NPF@buck.com or write to us at Nationwide Pension Fund, Buck (Bristol), PO Box 319, Mitcheldean, GL14 9BF.

We hope you enjoy the read.

The Pensionwide editorial team

Useful Contacts

Pensions

MoneyHelper

MoneyHelper, an organisation backed by the Government, joins up money/pensions guidance to make it quicker and easier to find the right help.

Phone: 0800 011 3797

Website: moneyhelper.org.uk

State Pension information is available via yourpension.gov.uk/ or gov.uk/plan-for-retirement.

Phone: 0800 731 0175 

General

Age UK

The leading charity for older people that provides help, information and advice on financial, care and lifestyle support.

Phone: 0800 055 6112

Website: ageuk.org.uk

Citizens Advice Bureau

Provides confidential information and advice to assist people with legal, debt, consumer, housing and other problems.

Phone: 03444 111 444

Website: citizensadvice.org.uk

Elderly Accommodation Counsel

National charity providing advice and guidance on helping older people make informed choices about meeting their housing and care needs.

Phone: 0800 377 7070

Website: eac.org.uk

Help for households

The Government has launched a campaign to highlight the services available to help with the rise in the cost of living.

These services include:

  • A cost of living payment for eligible claimants;
  • Housing support;
  • Income support; and
  • Help with transport costs.

More information can be found at helpforhouseholds.campaign.gov.uk/ and Nationwide Building Society has information for customers at nationwide.co.uk/help/cost-of-living/