Royal Mail Collective Pension Plan

WTW serving as scheme actuary, Redington as investment strategy adviser and BW as OCIO selection and oversight provider

Royal Mail CDC scheme hailed as ‘important milestone’ for UK pensions landscape

Scheme will provide over 100,000 employees with an income for life and a cash lump sum in retirement

Investment risk, mortality assumptions and scheme sizes need to be taken into consideration for CDC

Pensions minister Guy Opperman said the government is ‘keen to move quickly’

Consultation places the logistics group one step closer to launch of collective scheme