Royal Mail pitched 38-year recovery plan to TPR

clock

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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

Most support TPR's move to extend oversight to professional trustee firms

Most support TPR's move to extend oversight to professional trustee firms

However concern over possible regulatory ‘overreach’ and ‘mission-creep’

Jasmine Urquhart
clock 15 April 2025 • 2 min read
Sole trustees using general code as chance to boost innovation

Sole trustees using general code as chance to boost innovation

Hymans Robertson says most say the code 'raised the bar' of governance

Jasmine Urquhart
clock 14 April 2025 • 2 min read
Industry confusion over IHT proposals, Sackers finds

Industry confusion over IHT proposals, Sackers finds

Survey finds industry has mixed views on government’s DC plans and 2025 priorities

Jasmine Urquhart
clock 19 February 2025 • 1 min read
Trustpilot