# National Education Union Pension Scheme

National Education Union Pension Scheme is a Pension Fund based in London, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** Hamilton House, Mabledon Place, London, WC1H 9BD, United Kingdom
- **Assets under management:** Undisclosed
- **Website:** https://neu.org.uk
- **LinkedIn:** https://www.linkedin.com/company/national-education-union

## Regulatory record

- **Reports private funds:** No

## About

The National Education Union Pension Scheme is the in-house retirement plan for employees of the National Education Union, formed in 2017 through the merger of the National Union of Teachers and the Association of Teachers and Lecturers. While the union's 450,000-plus members participate in the statutory Teachers' Pension Scheme, this separate scheme covers the union's own staff and officers. Governance rests with union leadership — General Secretary Daniel Kebede and National Treasurer Hazel Danson — operating under UK pension regulations and Trades Union Congress (TUC) oversight. The scheme is administered from the NEU's headquarters at Hamilton House in Bloomsbury, with a secondary administrative presence in Wandsworth. The scheme pursues a diversified investment strategy across major asset classes including equities, fixed income, property, and alternatives. The union also maintains dedicated funds including a Sustentation Fund for operational resilience and a Political Fund, which are legally segregated from pension assets under UK trade union law. The scheme's fiduciary duty to beneficiaries is managed alongside the union's broader commitment to ethical investment principles, a stance reinforced through affiliation with groups like the Ethical Leadership Alliance. The investment committee and day-to-day administration operate under the oversight of the union's National Executive Committee. Asset management arrangements are not publicly disclosed, though the scheme's TUC affiliation places it within a network of union pension funds that often collaborate on investment policy and manager selection. The NEU also campaigns actively on pension policy through affiliations with campaigns such as WASPI (Women Against State Pension Inequality), demonstrating a public posture on retirement security that runs parallel to its fiduciary obligations. This dual role — as both pension provider and pension campaigner — distinguishes the scheme from standalone corporate plans, embedding it within the labour movement's broader financial and political architecture. The structural differentiator is the scheme's position inside a campaigning trade union. Unlike a standard corporate pension, the plan operates alongside the NEU's political fund and international solidarity initiatives under a single governance body. This creates an unusual dynamic where the scheme's fiduciaries are also advocates for systemic pension reform, and where investment decisions can be evaluated against union policy commitments on environmental, social, and governance issues. The scheme's long-term stability depends on the union's membership and subscription income, making it a direct participant in the fortunes of organized labour in the UK education sector.

## Sectors

- Diversified

## Offices

- Wandsworth, London, United Kingdom

## People

- Daniel Kebede — General Secretary, National Education Union
- Hazel Danson — National Treasurer, National Education Union

## Questions

### What is the relationship between the NEU Pension Scheme and the Teachers' Pension Scheme?

They are entirely separate. The Teachers' Pension Scheme is the statutory, government-backed plan covering classroom teachers and education professionals in England and Wales. The NEU Pension Scheme, by contrast, covers the union's own employees — its staff, organizers, and officers — and is privately funded by the union. NEU members who work in schools participate in the Teachers' Pension Scheme, not the union's internal plan.

### How does the NEU's campaigning on pension policy relate to its own scheme?

The NEU campaigns vigorously on retirement issues, including its affiliation with the WASPI campaign on state pension age changes and its broader work through the TUC. While these campaigns are funded through the union's separate Political Fund and do not directly draw on pension assets, the scheme's governance is shaped by the same leadership and values. This means the scheme's proxy voting, manager selection, and responsible investment guidelines can reflect the union's wider policy commitments on issues like fair pay and pension adequacy.

### Does the NEU Pension Scheme own Hamilton House?

Hamilton House is owned by the National Education Union as a commercial asset. Whether the pension scheme itself holds a direct or indirect interest in the property is not publicly confirmed. Union pension funds can sometimes invest in parent-entity property through ground leases or fund structures, but the NEU has not disclosed any specific arrangement linking the building to the pension scheme's portfolio.

### What ethical investment policies apply to the scheme?

The scheme operates under the NEU's commitment to ethical investment, reinforced by participation in networks like the Ethical Leadership Alliance. While the full policy is not publicly detailed, it can be expected to screen for environmental and social criteria, given the union's campaigning profile on climate change and workers' rights. The scheme's TUC affiliation also aligns it with the broader trade union movement's evolving standards on investment stewardship and ESG integration.

## Related profiles

- [National Education Association MBC](https://altss.com/profile/national-education-association-mbc)
- [National Endowment for Science, Technology and the Arts (NESTA)](https://altss.com/profile/national-endowment-for-science-technology-and-the-arts-nesta)

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Last updated: 2026-08-11T02:43:31.692Z

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