Citywire.co.uk |
Royal Mail says keeping DB scheme open is unaffordable
Citywire.co.uk Royal Mail has said keeping its defined benefit (DB) pension scheme open has become unaffordable, according to a report in the Times. The firm told investors yesterday the scheme would accrue £1.3 billion of benefits each year, compared with only £400 … Royal Mail share price closes little changed as group warns on pension costs DAILY BRIEFING: Royal Mail struggles with pension scheme | This … Morning Star :: Post workers stage unofficial strike | The People's Daily |
More: continued here