RMPP remains well funded and benefits are secure

[RobertT]

I've just noticed this on the RMPP website, concerning the recent market turmoil:

https://www.royalmailpensionplan.co.uk/news/

The recent turmoil in UK financial markets impacted defined benefit pension schemes with investment strategies designed to protect against interest and inflation rate movements. The RMPP has taken actions to protect the plan and ensure that your benefits remain secure, and the strong funding level has been maintained. We haven’t needed to request additional funds from Royal Mail Group, beyond the normal monthly employer contributions, as required under the Plan Rules.