Royal Mail will close its career average defined benefit (DB) scheme to future accrual from April next year, it has announced.
The plan was first announced in August 2016 but it is now almost set in stone, pending trustee approval, following a two-month consultation process and a formal pension review. The current plan ...
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