Post Office postmasters have been left in a “vulnerable” position after being placed on the Hard to Place list and having their promised payout reduced. The business owners in Epsom and Richmond were put on the Hard to Place list, after struggling to find someone to take over the business. …
Read More »First CDC authorisation a ‘landmark moment’ for UK pensions
The authorisation of the UK’s first collective defined contribution (CDC) has been highlighted as a “landmark moment” for UK pensions, with industry experts suggesting that this could be “just the beginning”. The Pensions Regulator (TPR) confirmed yesterday (13 April) that the Royal Mail Collective Pension Plan (RMCPP) successfully passed TPR’s …
Read More »Five stories you may have missed this week
Labour Party’s choice of LTA as election battleground branded ‘short-sighted’ The Labour Party’s denouncement of the government’s plan to scrap the lifetime pension allowance as a “£1bn bung to the richest 1%” is short-sighted, Barnett Waddingham says. TPR authorises Royal Mail as UK’s first CDC scheme The Pensions Regulator has …
Read More »2 Nottinghamshire post offices ‘at risk’ due to compensation scheme
Two Nottinghamshire post offices have been described as being “at risk” due to a change in a compensation scheme for those running them. The Post Office first started a scheme in 2011 to modernise all of its branches, but an option was created for postmasters who did not want to …
Read More »Breaking: TPR authorises first UK CDC pension scheme
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 »Growing support for UK Postal Workers Rank-and-File Committee
Send a message to rmpw.rfc@gmail.com to contact and join the Postal Workers Rank-and-File Committee. The Postal Workers Rank-and-File Committee has received growing interest and support from delivery and mail processing workers at Royal Mail. The latest write-ins are in response to the World Socialist Web Site (WSWS) article providing an …
Read More »Owens Group invests in industrial warehouse
C1 Trade Park – Owens Group Logistics, warehousing and distribution company Owens Group has invested in a further 60,589 sq ft industrial warehouse in South Wales. The company has signed a five-year lease at C1 Trade Park, Aberaman, following a significant contract expansion. It has in excess of 1,000 vehicles …
Read More »Communication Workers Union mass meeting paves way for rotten sellout
Thursday night’s online mass meeting called by the Communication Workers Union (CWU) to “update” members on the Royal Mail dispute was an insult to tens of thousands of postal workers in Britain engaged in a determined eight-month fight to defend their livelihoods. CWU bureaucrats claimed a deal could be reached …
Read More »Deal between Royal Mail and union bosses ‘is half done’
Deal between Royal Mail and union bosses ‘is half done’ as last-ditch talks take place to avoid further strike action A CWU source said ‘half a deal’ was ready and a resolution could soon be found It comes after negotiations between the Union and Royal Mail stalled this week By …
Read More »Will I get post and deliveries over the Easter bank holiday? Royal Mail, DPD, Evri, DHL and more
Royal Mail has shared an update on how the Easter bank holiday will affect mail and deliveries from now until Monday (April 10) – as Britons take some well-earned time off work for the annual celebrations. Good Friday marks the start of a rare four day weekend for many, with …
Read More »