The Royal Mail pension scheme is straining under the pressure of a potentially record-breaking pensions deficit, the company says.
The postal operator confirmed it expected a £10bn shortfall in its defined benefit scheme - surpassing the £6.8bn deficit revealed by the BT pension scheme in November (PP Online, 12 November). ...
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, 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
