Royal Mail and the Communication Workers Union (CWU) have agreed in principle to work towards introducing a collective defined contribution (CDC) scheme for all employees.
According to a statement on the London Stock Exchange today, the agreement which will be voted on by the union's members also includes closing the defined benefit (DB) scheme to future accrual. It follows...
Six hours for a client report
700,000 transfers in 12 months
104 delegates attended
'Benefit from healthy cash levels'
Could be two months to complete payment