P60 despatch for pensioners
If you were receiving a pension from the RMPP during the last tax-year, we’ll be sending you a P60 by the 31st May 2025. Please keep this safe as you’ll need your P60 to prove how much tax you’ve paid on your pension, for example: – to claim back overpaid tax – to apply for tax credits – […]
Takeover of IDS plc – Company is now owned by EP Group
The Trustee of the Royal Mail Pension Plan (RMPP) notes that shareholders holding more than 75% of IDS shares have accepted the offer, meaning the takeover has become unconditional. The Trustee’s primary focus is unchanged – ensuring the RMPP is managed in the interests of its 123,000 members. We will continue to work closely with […]
The Government reaches agreement with EP Group regarding its takeover bid for IDS
The Trustee of the Royal Mail Pension Plan (RMPP) acknowledges the Government’s legally binding agreement with EP Group regarding its takeover bid for IDS. Our primary focus is the protection of RMPP’s 123,000 members and the Trustee is pleased that it has reached agreement with EP Group to preserve the current governance structure of the […]
EP UK Bidco Limited (“EP Group”) agrees RMPP Undertaking
Since the possible offer for IDS by EP Group announced on 17 April 2024, the Trustee has been actively engaging with EP Group to seek a legally binding commitment to preserve the current governance structure of the Plan. As a result of these discussions, the Trustee has reached agreement with EP Group to preserve the […]
Michael Airey appointed CEO of Royal Mail Pension Plan
Royal Mail Pension Plan (RMPP, the Plan, which manages circa £10 billion of assets on behalf of over 123,000 members across the UK, confirms the appointment of Michael Airey as Chief Executive Officer. He has taken up the role replacing Richard Law-Deeks who stepped down in June after six years in the role. With more […]
Update on EP Corporate Group cash offer for IDS Plc
Since the possible offer for IDS Plc (IDS) by EP Corporate Group (EP Group) announced on 17 April 2024, the Trustee has been actively engaging with IDS and EP group to understand the potential implications for the company and the Royal Mail Pension Plan (the Plan). In these discussions the Trustee is seeking, among other […]
EP Corporate Group makes formal offer for International Distribution Services (IDS) Plc
The Trustee has noted the formal cash offer made by EP Corporate Group for IDS (the parent company for Royal Mail Group), which the IDS Board have recommended to shareholders. The Trustee also notes the terms and conditions attached to the agreement and is reviewing these, in detail, with its advisers. Please be assured that […]
EP Corporate Group submits revised non-binding cash offer to International Distribution Services (IDS) Plc
The Trustee has noted the revised potential cash offer made by EP Corporate Group for IDS (the parent company of Royal Mail Group), which the IDS Board have signalled they are minded to recommend. The IDS Board has now agreed to an extension of the deadline for discussions so as to explore the offer in […]
EP Corporate Group submits possible cash offer to International Distribution Services (IDS) Plc
The Trustee has noted the public statement made by EP Corporate Group in relation to its non-binding indicative proposal to the Board of IDS for a possible cash offer. We continue to actively monitor the situation to ensure that members’ interests are protected.
Pensioner Payslips – A new look
From time to time we send you a payslip showing the amount of your pension and any deductions (such as tax). We usually only do this if the amount of your pension payment changes by more than £1.00. We are updating the system we use to make pension payments, and this means that in future […]
