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Royal Mail says keeping DB scheme open is unaffordable – Citywire.co.uk


Citywire.co.uk

Royal Mail says keeping DB scheme open is unaffordable
Citywire.co.uk
Royal Mail has said keeping its defined benefit (DB) pension scheme open has become unaffordable, according to a report in the Times. The firm told investors yesterday the scheme would accrue £1.3 billion of benefits each year, compared with only £400 …
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