Royal Mail pitched 38-year recovery plan to TPR

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The trustees of the £20bn Royal Mail Pension Plan have tabled a 38-year deficit reduction plan to The Pensions Regulator, the Hooper report reveals.

The length of the repayment period - described by Hooper as "quite unprecedented by modern standards" - led the regulator to indicate it had "substantial concerns" over the postal services firm's p...

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