Royal Mail Launches Consultation on DB Closure
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The plan, which was first announced in August last year, could affect around 90,000 employees. The scheme reported a surplus of £1.77bn on an IAS 19 accounting basis as of 31 March 2016, with assets of £7.44bn and liabilities of £5.67bn. However, costs of running the scheme are expected to more than double in 2018, […]