The Postal Services Bill has been amended in the House of Lords to safeguard the Royal Mail Pension Plan if the scheme is broken up in future.
The bill - which provides for the Royal Mail to be relieved of its £10.3bn pensions deficit (PP Online, 13 January) - had its third reading in the House of Lords yesterday. Introducing the amend...
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
