Royal Mail scheme surplus rises 88% to £3.2bn

Stephanie Baxter
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The Royal Mail Pension Plan's (RMPP) surplus has risen by £1.5bn in 12 months, according to the postal service's annual report.

The scheme had a surplus of £3.2bn at 29 March under the IAS 19 accounting standard compared with £1.7bn in March 2014 and £2.1bn as of 28 September 2014.  Royal Mail said the increase was large...

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