Natwest makes £500m cash injection to scheme

James Phillips
clock • 1 min read

Natwest will make a £500m one-off contribution into its main pension scheme after purchasing ordinary shares back from the Treasury.

The majority government-owned bank was part-nationalised following the global financial crisis and the Treasury will retain a 59.77% stake in the bank after the purchase. A total of around 591 m...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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