The European Commission has approved plans for the UK government to take on the liabilities of the Royal Mail Pension Plan.
The rubber stamp from Brussels will allow the Treasury to take on the schemes assets of approximately £25bn and assume responsibility for around £33bn in obligations on 1 April as planned. The C...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date