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RMDCP moving from SW to L&G

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
posted
Posts: 242
Joined: 31 Jan 2018, 20:21
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RMDCP moving from SW to L&G

Post by posted »

Got a brief update in the post yesterday.
The legacy RM Defined Contribution Plan that is currently administered by Scottish Widows will be moving to Legal & General Mastertrust later this year.

Scant on any detail other than it’ll happen later this year and they will write to us with Rutgers details.

I had a brief look, fees in equivalent funds seem similar.
NWpostie
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Re: RMDCP moving from SW to L&G

Post by NWpostie »

First I've heard of this.
Six of Nine loves Seven of Nine, together in Electric Dreams.
posted
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Re: RMDCP moving from SW to L&G

Post by posted »

Here we go
IMG_2992.jpeg
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RobertT
EX ROYAL MAIL
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Re: RMDCP moving from SW to L&G

Post by RobertT »

NWpostie wrote:
Today, 17:59
First I've heard of this.
Me too, but then again I'm not in the RMDCP.

Sounds like it might be a money saving thing.
Links to all RM pension related websites are here
NWpostie
Posts: 3555
Joined: 04 Aug 2007, 17:32
Gender: Male
Location: Sector 001 Borg Collective, 6 o f 9

Re: RMDCP moving from SW to L&G

Post by NWpostie »

RobertT wrote:
Today, 19:35
NWpostie wrote:
Today, 17:59
First I've heard of this.
Me too, but then again I'm not in the RMDCP.

Sounds like it might be a money saving thing.
Not surprising, my concern is when I retire hopefully in two years time my pot is still safe including my AVC which will be my lump sum.
Six of Nine loves Seven of Nine, together in Electric Dreams.