City A.M. Royal Mail will shut its pension scheme next year but talks are …City A.M.Royal Mail has decided to shut its mammoth pension scheme next year, saying the cost of keeping it open could be crippling.Strike threat over Royal Mail plan to close pension schemeThe CourierStrike threat after Royal Mail closes pension schemeBBC NewsRoyal…
BBC News Strike threat over Royal Mail plan to close pension schemeThe CourierPostal workers across Tayside and Fife could strike over plans to change their pension scheme. Every Royal Mail depot across the region could close amid fears some workers would lose between £10,000 and £20,000 from their pension pots if the defined …Strike threat after…
The Guardian Royal Mail union warns of industrial action over pension scheme closureThe GuardianUnions have threatened to disrupt Royal Mail deliveries with possible strike action, after the company said it would close its defined-benefit pension plan next year. The plan, which has 90,000 members – two-thirds of Royal Mail's workforce – and …Strike threat after…
Proactive Investors UK Royal Mail berated from pillar to postProactive Investors UKRoyal Mail has announced it is to close its defined benefit pension scheme. I had to explain to our cub reporter, young Tom Howard, what a defined benefit pension scheme is. I also had to explain to him who Robert Maxwell was, but that's…
Citywire.co.uk Royal Mail to close DB pension schemeCitywire.co.ukHowever, Royal Mail said the scheme's surplus will run out next year. As a result, the scheme will be closed to new accruals in March 2018. Royal Mail currently contributes £400 million a year to the DB scheme but this will have to increase to £1 … More:…
New Royal Mail initiative to protect against scam mailCarluke GazetteAs part of its ongoing battle against the fraudsters, Royal Mail will begin pro-actively contacting, by Special Delivery, households it believes are receiving high volumes of scam mail. The latest anti-scam initiative will initially focus on most … More: continued here
Oxford Mail Strike threat over Royal Mail plan to close pension schemeOxford MailThe Royal Mail is facing the threat of industrial action after announcing plans to close its defined benefit pension scheme next year. The Communication Workers Union said it had made clear that any attempt by the company to impose change without … More: continued…
Breaking Finance News Royal Mail PLC 6.3% Potential Decrease Indicated by Liberum CapitalDirectorsTalk InterviewsRoyal Mail PLC using EPIC/TICKER code LON:RMG has had its stock rating noted as 'Reiterates' with the recommendation being set at 'SELL' this morning by analysts at Liberum Capital. Royal Mail PLC are listed in the Industrials sector within UK Main …Royal Mail…
BBC News Strike threat after Royal Mail closes pension schemeBBC NewsPostal unions are threatening to ballot for industrial action after Royal Mail said it would close its defined benefit pension scheme in 2018. The postal service said that the pension plan was currently in surplus, but it was not sustainable. Royal…Royal Mail union warns of…
BBC News FTSE 100 slides as bank shares lose groundBBC NewsRoyal Mail rose 0.6% after the postal service said it was closing its defined benefit pension scheme. The company said there was "no affordable solution" to retaining the scheme, as it would have to more than double its contributions to the scheme to …and more »…