Royal Mail

Royal Mail strikes take care of union for CDC scheme | Kaplan HeraldKaplan HeraldRoyal Mail could become the first UK company to introduce a collective defined contribution (CDC) scheme after reaching an agreement “in principle” with the Communication Workers Union (CWU). The two parties have been locked in discussions for …

WalesOnline (blog) City Royal Mail delivery centre to close despite concerns over impact on communityWalesOnline (blog)Royal Mail say none of the 35 staff employed there will lose their jobs and that there will be no impact on residents. Their delivery operations will move to the Cardiff North East site – …

Telegraph.co.uk Questor: bold Dutch-style pension solution is good news for our …Telegraph.co.ukA bitter battle over staff pensions has been central to Royal Mail's fortunes since Questor's Income Portfolio bought the stock in October 2016.Two brokers up target prices for Royal Mail following confirmation of pensions and pay deal with unionProactive …

The Times Royal Mail averts strike with deal on pensions | Business | The TimesThe TimesThreatened postal strikes have been averted after Royal Mail and the Communication Workers Union struck a peace deal yesterday over pensions, pay and working h.and more » More: continued here

Telegraph.co.uk Questor: bold Dutch-style pension solution is good news for our Royal Mail sharesTelegraph.co.ukSo-called "collective defined contribution" arrangements represent a third way between final salary schemes and "money purchase" plans, where employees bear all the risk. Final salary pensions have simply become unaffordable to run. Despite closing to …Two brokers …

The Times Royal Mail declares peace on pay dealThe TimesRoyal Mail and its main trade union have declared industrial peace with an agreement to cut working hours, a two-and-a-half-year pay settlement worth 12 per cent and a groundbreaking new pension arrangement. However, while the shares of the privatised …Royal Mail …

Financial Times Royal Mail agrees deal on pay and pensions to avert strike threatFinancial TimesRoyal Mail is nearing the end of an industrial conflict that threatened nationwide strikes, after union leaders approved a deal on pay, pensions arrangements and a shorter working week. The Communication Workers Union said on Thursday …

Royal Mail says Arrival electric vehicles will be worth the waitMotor Transport (blog)In August last year, Royal Mail began trialling a new type of electric vehicle, built by technology firm Arrival, in London. The 6-tonne van, the first of nine the postal operator will be putting through their paces in …

FT Adviser Royal Mail to shut defined benefit pensionFT AdviserThe Pension Schemes Act 2015 created by the coalition government defined CDC as a distinct pension category, but secondary legislation to bring them into effect was never introduced. According to the Communication Workers Union (CWU), which represents … More: continued here

Royal Mail and union reach agreementReutersFeb 1 (Reuters) – Britain's Royal Mail 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 an … More: continued here