About RPMI Railpen

Who are we and what do we do?

The Railways Pension Scheme is one of the UK’s largest and longest established pension funds. RPMI Railpen (Railpen) is responsible for the safekeeping and investment of circa £30 billion on behalf of the scheme’s 350,000 members who are connected to the railway industry.

Our mission is to pay our members’ pensions securely, affordably and sustainably. To achieve this we invest the scheme’s assets to generate strong investment returns over the long term.

Our members and their employers trust us with this very significant responsibility: our decisions and actions affect their future lives and wellbeing. We are proud of this responsibility, take it very seriously, and are committed to and passionate about improving their lives.

Generating the required returns to achieve our mission is very challenging. To be successful we must constantly strive to be considered a world leading pension fund by our stakeholders, with a proven track record of adding value for our members. This means we have to have excellent people doing exemplary work in every part of our business.

Free of the constraints experienced by asset managers we use the size of our assets to invest wisely and influentially. Our convictions and a clear set of investment beliefs guide us through complex and changing markets. We’re not afraid to think innovatively and act boldly, but we are also prepared to stand our ground and not follow the herd.

How do we do things?

We know that it’s the way we do things that will make us successful. Our culture and behaviours are a critical part of being a world leading pension fund.

We Take Ownership: We know what we are responsible for and are empowered to deliver. We have clear priorities and share a sense of personal accountability which means we trust each other to deliver their part in our collective goals.

We Are Collaborative: We go further by acting together, sharing our ideas, expertise, ambition and energy. By being open and challenging we make better decisions.

We Are Pioneering: We are curious and courageous, always open to new ideas and striving for better ways of doing things. We embrace innovation and act on our convictions.

What is it like to work here?

The unique nature of Railpen offers our people a wide variety of interesting opportunities for innovation, thought leadership and personal development.

We encourage people to challenge each other and explore unconventional ideas. We offer support and encouragement while giving each other the space to learn from our mistakes. We listen and take time to understand other people’s ideas and what they do, and what we need from each other to be at our best.

We are a team that understands the role we all play and the value we create. We communicate openly and honestly, and have realistic expectations of each other. We know how to get things done, and done well.

We trust and respect each other, recognising the whole is greater than the sum of the parts, and ensure the efforts and performance of everyone are recognised and rewarded.

We are all really proud of what we do.

Every day we work together to help create a better future for 350,000 people and their families.