Trading Review: Checking on Shares of Royal Mail plc (LSE:RMG)The Business JournalInvestors may be closely monitoring shares of Royal Mail plc (LSE:RMG). The 12 month stock volatility is currently 17.794100. The 6 month volatility is 19.982400, and the 3 month is seen at 23.038800. Keeping tabs on historical volatility may shed some …and more » More:…
Telegraph.co.uk Royal Mail sounds the last post for its final salary pension schemeTelegraph.co.ukRoyal Mail has launched a consultation into changes to its final salary pension scheme amid threats of strike action from unions. The company is exploring how to fund its pension scheme after 2018, when the current £1.7bn surplus is expected to run out.Royal…
Newham Recorder Commuter wants Stratford postbox restored 'to its former glory'Newham Recorder“If that post box was in Buckingham Palace, there is no way the Royal Mail would have left it like that for years,” he said. “I feel like I'm getting no response after years of reporting it. It's just an eyesore and it's really…
Financial Times Royal Mail moves to close defined-benefit pension fundFinancial TimesRoyal Mail is moving forward with plans to close a 90,000-member pension fund, adding to the list of large UK companies that are withdrawing generous retirement provisions they say are no longer affordable.Royal Mail enters talks with unions over pension changeBBC NewsRoyal Mail sounds the…
'Cause for concern' as Royal Mail plans to ditch final salary pensionsMoneywise MagazineThe Royal Mail has unveiled plans to ditch its final salary – defined benefit (DB) – pension plan from 2018, a move that has been met with criticism from unions. The proposal, which will affect the 90,000 members of the Royal Mail Pension…
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. "With our unions, we have…
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 year.Pension dispute looms at Royal…
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 & Co. lowered …Royal mail begins…
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 “Neutral” Rating for Royal Mail…
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 Plan was maintained …The Davy…