ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (UPDATED 2017)... HERE
29 Jul 2018, 12:20
Is our Royal Mail pension with Aviva?
29 Jul 2018, 12:47
The RM Defined Contribution Plan(new starters after 1/4/2008) is administered by Zurich.
Most AVC arrangements for RMPP members(new starters before 31/3/2008) are also administered by Zurich. They took over in 2010 from Aviva/Norwich Union, Standard Life, Equitable Life and Abbey National if I remember correctly.
04 Aug 2018, 18:40
Is everyone with Zurich now?
05 Aug 2018, 07:39
Anyone who had their AVC's invested in a 'with profits' fund via Aviva, Equitable Life or Standard Life were given the choice whether they wanted to transfer to Zurich or not – if they did transfer they probably got hit with a high exit penalty!
Everyone else was automatically transferred over.
So there is probably a relatively small number of people still with the old providers.