The £10bn Royal Mail Pension Plan has appointed Michael Airey as its new chief executive officer, it announced this week. Airey takes over from Richard Law-Deeks, who stepped down in June after six years in the role. Airey was previously the scheme’s head of funding and investment, overseeing its outsourced …
Read More »TPR to publish new CDC code before the end of January – Law & Regulation
In a blog post published on Monday, Counsell said the consultation will reflect regulations for CDC schemes that will be published by the Department for Work and Pensions and laid before parliament also in January. He said: “CDC schemes have the potential to change the pensions landscape by offering savers and …
Read More »TPR to publish new CDC code before the end of January – Law & Regulation
In a blog post published on Monday, Counsell said the consultation will reflect regulations for CDC schemes that will be published by the Department for Work and Pensions and laid before parliament also in January. He said: “CDC schemes have the potential to change the pensions landscape by offering savers and …
Read More »Royal Mail finalises CDC contribution rates – DB & Derisking
By Tom Higgins | November 18, 2021 On the go: The Royal Mail’s new collective defined contribution plan will have a fixed employer contribution of 13.6 per cent, as well as a standard employee contribution of 6 per cent, the group confirmed on Thursday. As outlined in the postal company’s …
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