Investments | Knowledge hub | Railways Pension Scheme

Investments for the Railways Pension Scheme

The Railways Pension Scheme (RPS) is worth more than £30 billion in assets, making it one of the UK’s largest pension schemes. For defined benefit (DB) pensions – which includes most Sections of the Scheme – the money that members and employers pay in is pooled together, managed and invested in-house by Railpen’s award-winning investment team.

Learn more about how we approach our investment decisions in the pages below.

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In this section...

Our approach to investing

Railpen focuses on the needs of you, as a member, and the Scheme, as part of the overall investment approach and beliefs.

Where we invest

Find out where we invest, including in private markets, public markets and real assets and why we take this approach.

Investment reports

Check out the reports, statements and publications relating to the Scheme's investments.

Sustainable Ownership

Learn more about the work we've done to incorporate sustainability into the investments we manage, while still aiming for the best possible financial returns.

Sustainable Ownership blogs

Our blogs on Sustainable Ownership and environmental, social and governance (ESG) issues will help you learn more about the Scheme's approach to its investments.

Investments glossary

Here's a handy list defining some of the different terms used when talking about investments.