Royal Mail proposes hybrid defined benefit pension schemeFT AdviserIn place of the DB scheme, the company said it was considering offering employees two alternatives: a standard defined contribution scheme; and a "defined benefit cash balance scheme". Royal Mail described the DB cash balance scheme as follows: "From … More: continued here
Read More »Royal Mail says considering how to replace pension plan after union backlash – Reuters
Royal Mail says considering how to replace pension plan after union backlashReutersThe Communications Workers Union (CWU) opposes Royal Mail's move to close the defined benefit plan and says it would result in employees in the plan losing on average up to a third of their future pensions. Around 90,000 Royal …
Read More »Closure confirmed for Royal Mail sorting office serving Walworth and Kennington – Southwark News
Southwark News Closure confirmed for Royal Mail sorting office serving Walworth and KenningtonSouthwark NewsThe statement said: “As a commercial business, Royal Mail is responding to the huge growth in electronic communications and decline in letter volumes, while seeing a high volume of parcels and online shopping which need to be …
Read More »Former Royal Mail delivery office could be replaced with DIY stores including Wickes and a Greggs sandwich shop – Get Surrey
Get Surrey Former Royal Mail delivery office could be replaced with DIY stores including Wickes and a Greggs sandwich shopGet SurreyThe application includes demolishing two vacant houses and four commercial units on the site. One of those was the Egham and Staines Royal Mail delivery in Runnymede House, that left …
Read More »Royal Mail strike ballot to go ahead unless pension scheme closure reversed – Daily Mail
Daily Mail Royal Mail strike ballot to go ahead unless pension scheme closure reversedDaily MailDelegates condemned Royal Mail's announcement earlier this month, and approved a motion which read: “Conference recognises that Royal Mail's decision – along with their proposals – is a clear signal that they intend to attack our …
Read More »Royal Mail (RMG) share price drops 3.6 per cent as it reveals it’s considering defined benefit cash balance pension … – City A.M.
City A.M. Royal Mail (RMG) share price drops 3.6 per cent as it reveals it's considering defined benefit cash balance pension …City A.M.Royal Mail's share price dropped 3.6 per cent by mid-afternoon today, after the postal group released an update on the future of its pension plan. The company announced …
Read More »ARI and Royal Mail Fleet form strategic co-operation to maximise compliance and minimise downtime – FleetNews
FleetNews ARI and Royal Mail Fleet form strategic co-operation to maximise compliance and minimise downtimeFleetNewsFleet management company ARI and service, maintenance and repair provider Royal Mail Fleet have formed a strategic co-operation aimed at maximising compliance and minimising downtime. Paul Gatti, director of Royal Mail Fleet, which has a 110-strong … …
Read More »Postman banned from street by Royal Mail after ‘confiscating’ water pistol from boy, five, who was firing at him – Mirror.co.uk
Mirror.co.uk Postman banned from street by Royal Mail after 'confiscating' water pistol from boy, five, who was firing at himMirror.co.ukA postman who was ambushed by three little boys with water pistols has been banned from their street by Royal Mail after confiscating one of their guns. CCTV footage shows five-year-old …
Read More »Royal Mail is ‘ready to go’ with SMR fleet services – Fleet News – FleetNews
FleetNews Royal Mail is 'ready to go' with SMR fleet services – Fleet NewsFleetNewsNew service, maintenance and repair proposition for third party fleets looks likely to shake up SMR sector after successful pilot. Stephen Briers reports.ARI and Royal Mail Fleet Form a Strategic Cooperation Solution for …GlobeNewswire (press release)ARI and …
Read More »Royal Mail (RMG) share price drops 3.6 per cent as it reveals it’s … – City A.M.
City A.M. Royal Mail (RMG) share price drops 3.6 per cent as it reveals it's …City A.M.Royal Mail's share price dropped 3.6 per cent by mid-afternoon today, after the postal group released an update on the future of its pension plan.Union rejects new pension plan as Royal Mail strike ballot …
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