Royal Mail and CWU reaffirm commitment to CDCPensions ExpertThe agreement includes the closure of the Royal Mail Pension Plan, a defined benefit scheme, to accrual on March 31 this year. Instead, employer and union will work towards the introduction of a collective defined contribution scheme, with a DB cash … …
Read More »Unions rubber stamp Royal Mail pension deal – The Telegraph – Telegraph.co.uk
Telegraph.co.uk Unions rubber stamp Royal Mail pension deal – The TelegraphTelegraph.co.ukUnion bosses have rubber stamped a deal on pay, pensions and a shorter working week for employees at Royal Mail, ending a long-running dispute. The Communications Workers Union (CWU), which represents 110,000 postal workers, said it had endorsed the …Royal …
Read More »Royal Mail, union end ten-month dispute over pensions, shares rise – Reuters UK
Reuters UK Royal Mail, union end ten-month dispute over pensions, shares riseReuters UKRoyal Mail, privatised four years ago, is one of the few big British firms still to have a defined-benefit pension scheme, which pays out a proportion of a member's final salary depending on how long employees have paid …
Read More »Royal Mail and union reach agreement – Yahoo Finance UK
Royal Mail and union reach agreementYahoo Finance UK(Reuters) – Britain's Royal Mail<RMG.L> and the Communications Workers Union (CWU) said on Thursday they reached an agreement, ending a nearly ten-month long dispute over plans to replace the firm's defined benefit pension scheme. Royal Mail reached … More: continued here
Read More »Pensions breakthrough keeps Royal Mail’s longest rally in three years running – Shares magazine
Shares magazine Pensions breakthrough keeps Royal Mail's longest rally in three years runningShares magazineAchieving a pensions breakthrough has helped Royal Mail (RMG) continue its positive momentum with its strongest and longest rally in three years. Investors are relieved that Royal Mail's pension and pay troubles are over for now, effectively …
Read More »Royal Mail closes DB pension scheme after union negotiations – www.professionaladviser.com
www.professionaladviser.com Royal Mail closes DB pension scheme after union negotiationswww.professionaladviser.comThe deal, which also covers pay, a shorter working week, culture and operational changes, has also been approved by Royal Mail's board. Under the transitional arrangements until a CDC scheme is established, members of the DB scheme which will close to …
Read More »Royal Mail takes bold step with pension scheme – Financial News
Financial News Royal Mail takes bold step with pension schemeFinancial NewsRoyal Mail takes bold step with pension scheme. Workers will be transferred into one of the UK's first collective defined contributions schemes. Royal Mail takes bold step with pension scheme. Getty Images. By. Elizabeth Pfeuti. February 1, 2018 2:45 p …
Read More »Letters stolen from Royal Mail van in Gloucester: Did you see who … – Gloucestershire Live
Gazette Series Letters stolen from Royal Mail van in Gloucester: Did you see who …Gloucestershire LivePolice want to hear from anyone with information about the crime that affected postal deliveries.Thieves target Royal Mail van in QuedgeleyGazette Seriesall 3 news articles » More: continued here
Read More »Royal Mail and union reach agreement – Reuters UK
Reuters UK Royal Mail and union reach agreementReuters UK(Reuters) – Britain's Royal Mail (RMG.L) and the Communications Workers Union (CWU) said on Thursday they reached an agreement, ending a nearly ten-month long dispute over plans to replace the firm's defined benefit pension scheme. Royal Mail vans are … More: continued …
Read More »Royal Mail, union end ten-month dispute over pensions – Reuters UK
Reuters UK Royal Mail, union end ten-month dispute over pensionsReuters UKRoyal Mail, which was privatised four years ago, is one of the few big British firms still to have a defined-benefit pension scheme, which pays out a proportion of a member's final salary determined by length of service. By contrast, …
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