The Royal Mail has offered its scheme members an improved deal in pension scheme negotiations as the company looks to avoid strike action before its floatation on the stock market.
The postal firm originally told members of the Royal Mail Pension Plan (RMPP) that pensionable pay increases would be limited to the retail prices index (RPI) up to 5%, regardless of actual pay ris...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
