Royal Mail expecting to post £10bn scheme deficit

clock

UK - The Royal Mail pension scheme is straining under the pressure of a potentially record-breaking pensions deficit, the company said.

The postal operator confirmed it expected a £10bn (US$16.3bn) shortfall in its defined contribution scheme - surpassing the £6.8bn deficit revealed by the BT pension scheme in November. (Global Pen...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB schemes 'likely well-placed' to handle rise in gilt yields

DB schemes 'likely well-placed' to handle rise in gilt yields

LCP says changes in gilt yields are not the big events they once were

Martin Richmond
clock 23 March 2026 • 2 min read
PIC completed £6.8bn of new business premiums in 2025

PIC completed £6.8bn of new business premiums in 2025

Specialist DB insurer says it has a ‘very strong’ pipeline of new business for 2026

Martin Richmond
clock 18 March 2026 • 2 min read
Evolving PRT market presents opportunities for smaller schemes

Evolving PRT market presents opportunities for smaller schemes

Hymans Robertson says smaller schemes must ‘carefully’ consider their broking approach

Martin Richmond
clock 17 March 2026 • 2 min read
Trustpilot