RM Pension Fund - Interesting Information about Chairwoman

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Jane Newell OBE

Current role: Chairman, Royal Mail Pensions Trustees.

Newell was a founder trustee and subsequently chair of the Maxwell Pensioners Trust, set up to compensate member of the Mirror Group Pension Scheme after Robert Maxwell’s embezzlement of the fund. Her current role as the chair of trustees of the Royal Mail pension scheme has seen her take bold steps to protect the interests of scheme members, writing in 2009 to then-business secretary Peter Mandelson about the future of the scheme.

Top 10 schemes by size
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• NHS and Scottish Teachers: £37.72bn

• BT Pension Scheme: £32.6bn

• Universities Superannuation Scheme: £28bn

• Royal Mail Pension Plan: £23.67bn

• Electricity Supply Pension Scheme: £19.3bn

• Mineworker's Pension Scheme: £19.22bn

• RBS Group Pension Scheme: £17.5bn

• Railways Pension Scheme £16.83bn

• Barclays Bank UK Retirement Fund: £16bn

• BP Pension Fund: £14.7bn