South Wales Argus Union warns Royal Mail over pension scheme changesSouth Wales ArgusRoyal Mail is now asking workers to consider a switch to a defined contribution plan, which would see the company and employees pay into a pension pot with no guarantees as to what the pension payout will be. …
Read More »Royal Mail closure consultation could see strike action – Pensions Expert (registration)
Employee Benefits Royal Mail closure consultation could see strike actionPensions Expert (registration)Changes to Royal Mail staff's pension provision would not be implemented before 2018, but the consultation proposed that unless an “affordable alternative” is found, the defined benefit arrangement will be replaced by a DC scheme in April of that …
Read More »The Davy Research Reiterates “Neutral” Rating for Royal Mail PLC (RMG) – DailyQuint
London Loves Business The Davy Research Reiterates “Neutral” Rating for Royal Mail PLC (RMG)DailyQuintRoyal Mail PLC (LON:RMG)'s stock had its “neutral” rating reaffirmed by research analysts at Davy Research in a research note issued on Thursday. A number of other equities analysts also recently commented on the stock. JPMorgan Chase …
Read More »Royal Mail share price: Union threatens strike action over pension … – iNVEZZ
London Loves Business Royal Mail share price: Union threatens strike action over pension …iNVEZZA trade union at Royal Mail (LON:RMG) has threatened strike action over the company's plans to change its final salary pension scheme. The threat came as the …Royal Mail begins pension plan consultationPost and ParcelThe Davy Research Reiterates …
Read More »Royal Mail begins pension plan consultation – Post and Parcel
London Loves Business Royal Mail begins pension plan consultationPost and ParcelBut, we expect this surplus will run out in 2018,” said Royal Mail. “At £400 million per year, Royal Mail makes one of the UK's largest ongoing cash contributions. The level of Company contributions required from April 2018, if the …
Read More »Pension dispute looms at Royal Mail as FTSE deficits treble in a year – CIPD (blog)
Employee Benefits Pension dispute looms at Royal Mail as FTSE deficits treble in a yearCIPD (blog)The total final salary pension deficits of the UK's 350 largest companies have trebled in a year, it was reported yesterday – as Royal Mail, owner of one of the largest defined benefit (DB) schemes …
Read More »Royal Mail consults on closure of defined benefit pension scheme to future accrual – Employee Benefits
Employee Benefits Royal Mail consults on closure of defined benefit pension scheme to future accrualEmployee BenefitsRoyal Mail has launched a consultation on the proposed closure of its defined benefit (DB) pension scheme to future accrual. The consultation, which launched yesterday (Thursday 5 January 2017), will run until 10 March 2017. …
Read More »The Davy Research Reaffirm “Neutral” Rating for Royal Mail PLC … – DailyQuint
London Loves Business The Davy Research Reaffirm “Neutral” Rating for Royal Mail PLC …DailyQuintRoyal Mail PLC (LON:RMG)'s stock had its “neutral” rating restated by equities researchers at Davy Research in a research report issued to clients and investors …Royal mail begins talks on pension changes | News …London Loves BusinessOutstanding Analyst …
Read More »Friday newspaper round-up: Retail sales, London property prices … – DIGITALLOOK
DIGITALLOOK Friday newspaper round-up: Retail sales, London property prices …DIGITALLOOKBritish high streets endured a fourth Christmas of falling sales as shoppers switched to buying gifts online from the comfort of their sofa. Underlying sales dipped …and more » More: continued here
Read More »The Davy Research Reaffirm “Neutral” Rating for Royal Mail PLC (RMG) – DailyQuint
London Loves Business The Davy Research Reaffirm “Neutral” Rating for Royal Mail PLC (RMG)DailyQuintRoyal Mail PLC (LON:RMG)'s stock had its “neutral” rating restated by equities researchers at Davy Research in a research report issued to clients and investors on Thursday. RMG has been the topic of a number of other …
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