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UK roundup: Royal Mail seals £450m derisking deal – IPE.com

admin March 1, 2018 Royal Mail Leave a comment 113 Views


IPE.com

UK roundup: Royal Mail seals £450m derisking deal
IPE.com
The Royal Mail Pension Plan (RMPP) has insured £450m (€510.1m) worth of defined benefit (DB) liabilities with Rothesay Life. The transaction secured benefits accrued after 2012 by 5,700 members of the Post Office section of the RMPP, most of whom have …

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