Households across the UK missed out on deliveries and collections over the Easter bank holiday weekend, causing delays across the service. While Royal Mail confirmed that postal operations have resumed as normal today, some postcodes may experience disruption to air and road services. Here’s the full list of those affected. …
Read More »
The authorisation of the Royal Mail Collective Pension Plan (RMCPP) is the first in the UK, following TPR’s Pension Schemes Act 2021, which introduced an authorisation and supervision regime for CDC schemes. CDC schemes must meet stringent criteria including fitness and propriety requirements for those running the scheme, having the …
Read More »
By Martin Croucher (April 13, 2023, 4:26 PM BST) — The U.K.’s pension watchdog on Thursday approved the first of a new type of workplace retirement scheme, in what the government said was a landmark moment for the industry…. Stay ahead of the curve In the legal profession, information is …
Read More »
The Pensions Regulator (TPR) has assessed and authorised the UK’s first collective defined contribution (CDC) pension scheme, the Royal Mail Collective Pension Plan (RMCPP). TPR highlighted the “milestone” as demonstration of how the regulator is pursuing its strategy to embrace innovation to help meet pension savers’ needs. Commenting on the …
Read More »
Postal, Royal Mail Group (EMP) April 13 2023 There has been some good news relating to the Collective Pension Plan, in that the Pensions Regulator has informed the Trustees of the Plan that the application for authorisation has been successful. Reacting to the news, Andy Furey, CWU acting …
Read More »
Could the use of drones solve the problem of unreliable ferry services impacting mail deliveries to the Scottish islands? Royal Mail has teamed up with firm Skyports to use drones as part of the service to the Orkney Islands. They expect the three-month trial to “revolutionise connectivity, access and safety”. …
Read More »
Skyports’s drone services division is collaborating with the Royal Mail, Orkney Islands Council Harbour Authority and Loganair to deliver cargo in the Orkney Islands. Electric drones from Skyports will undertake both daily inter-port and shore-to-ship deliveries. “The possibility of drone deliveries from shore to ship in particular, could add an …
Read More »
Royal Mail Collective Pension Plan, London, was approved to operate as the U.K.’s first collective defined contribution plan by The Pensions Regulator. Investment and longevity risks are pooled in CDC plans and shared among participants. The U.K. government said this potentially makes them more resilient to market shocks vs. defined …
Read More »
The legend of Robin Hood and his role in English folklore is being celebrated with a new series of Royal Mail stamps. The infamous outlaw is appearing alongside Maid Marian, Little John, Friar Tuck, King Richard and the Sheriff an an exclusive set of 10 illustrated stamps. There are 10 …
Read More »
Neither Meghan Markle nor Sarah Ferguson are expected to be at King Charles III’s coronation – while questions remain over whether Prince Andrew will attend. More than 2,000 people will gather at Westminster Abbey on May 6 for the nation’s first event of its kind in 70 years, with the …
Read More »