Yesterday (13 April) the CWU stated that it had been a “pivotal” day with regard to the negotiations, although a number of issues remained outstanding “and we are seeking to resolve them”.

Talks had previously concluded with no deal. 

The union said members would be updated within 24 hours.

CWU general secretary Dave Ward and acting deputy general secretary (postal) Andy Furey also provided a live video update to members before the Easter bank holiday weekend where the duo urged members to stick with the union and the process.

Royal Mail had not commented on the latest state of play at the time of writing.

Separately, the Pensions Regulator has approved the Royal Mail Collective Pension Plan (RMCPP) as the UK’s first collective defined contribution (CDC) pension scheme.

CDC schemes are described as providing  “an innovative alternative to traditional defined benefit  and defined contribution pension schemes”.

In CDC schemes, member and employer contributions are pooled in a collective fund from which an aspired to pension income for life is drawn.