RPMI, the investment manager for the UK's Railways Pension Scheme, has rebranded to Railpen following several years of transition.

The decision has been approved by the board, with support from the trustee of the Railways Pension Scheme.

Commenting on the rebrand, Railpen chair, Mike Craston, said: “We are incredibly proud to have been born out of the rail industry and that we continue to support the members within it.

“We are equally proud of the last 22 years in which we have served the needs of our third-party clients, their schemes and members from a wide variety of sectors within our TPA business.”

Whilst Railpen has not previously been an official brand name, it is well-associated with the firm, including through its support of industry climate transition initiatives.

Railpen chief executive, John Chilman, added: “We are privileged to support some of the UK’s largest and most complex schemes and their members. This enables us to understand the needs of these schemes and, as importantly, the diverse needs of their members.

“The schemes we support seek to provide outstanding retirement benefits for their hard-working members, and we are proud to use our skills and knowledge to play a part in securing their futures.

“Strong relationships, mutual understanding and a passion for supporting pension scheme members have been the foundation of Railpen throughout its history and will be at the centre of everything we do in the future. This is why our purpose as a business, shared by all our colleagues, is ‘to secure our members future’."

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