News

By law, we must do everything we can to reunite members with their benefits. If a member has unclaimed benefits and we’re unable to contact them, we sometimes ask a professional tracing service for help. When our standard methods don’t work, we may try to contact members through social media platforms like Facebook. If we…

As members will know from previous updates, in 2022 the High Court approved a settlement for members who were affected by changes to the Fund’s ill-health early retirement benefits in the 1990s. As a result, we’ve been working very closely with our advisers and administrators to implement the settlement and pay compensation where due. Since…

We’ve been working behind the scenes to strengthen the Fund and improve the service we provide.  We’ve developed a mission statement that captures what we’re here to do: to pay the right pensions to the right people at the right time. We are committed to maintaining high standards, placing members at the heart of our…

Pension fund investments are affected by, and contribute to, climate change. We’ve created this summary for our members to tell you how this happens, and what we’re doing about it. Find out about our progress by reading our summary. Other related articles

In January 2024, Aptia UK Limited bought Mercer’s UK pension business, whichincludes the Fund’s administrators. As a result, messages from Mercer will have Aptia’s name and logo instead. This won’t change your pension or how you get services. The Trustee appreciates that something as significant as a change in administratorcan have teething problems during the…

The Trustee of MNRPF is pleased to announce that, following complex negotiations, it has secured a significantly improved commitment to the Fund from P&O Ferries Group (P&O Ferries).

The trustees of the £1 billion Merchant Navy Ratings Pension Fund (the “MNRPF”), has appointed Schroders Solutions following an open and competitive tender process. Schroders Solutions demonstrated that they understood the Trustee’s needs and journey plan. It will also provide a robust investment platform, which is aligned with the Trustee’s Socially Responsible Investing (SRI) aspirations,…

The trustees are delighted to present MNRPF’s first climate change report.