DMIS In brief 2005. L13972
– Direct Mail Volumr and Expenditure
– Direct Mail Snapshot
Tag: Europe
Direct Mail Information Service – In Brief
Direct Mail Information Service – In Brief
Read MoreDPD Switzerland appoints Board Chairman
Parcel delivery company DPD Switzerland has appointed Hans Fluri, 53, chairman of the board of directors. DPD Switzerland is a 100 pct subsidiary of French express and parcels company GeoPost, which is owned by French postal group La Poste. DPD Switzerland also appointed former director of Swiss Post, Jean-Noel Rey, vice-chairman of the board of directors and Georges Champoud CEO. Rey will also be responsible for DPD strategy and marketing.
Read MorePost office banking delivers
European banks have been slow to exploit the distribution capabilities of domestic post office networks, focusing instead on the expansion opportunities provided by organic growth and mergers and acquisitions (M&A), said Carl Holsters, member of the executive committee of the Belgian Post Group, speaking at VRL’s International Retail Banking Forum (IRBF) last month.
And with revenues from postal services shrinking, the contribution made by retail financial services is becoming increasingly significant, helping European post offices prepare for full deregulation of the postal sector in 2009, when they will lose their national mail monopolies.
Read MoreUK stamp rise to fund mail pension hole
Stamp prices will be linked in future to the size of the Royal Mail pension deficit under plans being drawn up by the postal regulator, PostComm. The scheme, which forms part of PostComm’s current review of the prices Royal Mail is allowed to charge, is intended to combat unpredictable fluctuations in the deficit caused by factors such as increases in life expectancy and stock market performance. The deficit has shot up from pounds 2.5 billion to pounds 4.5bn this year thanks to accountancy changes, which have stretched Royal Mail’s finances, making it ‘technically insolvent’, according to its chairman Allan Leighton. Sarah Chambers, the chief executive of PostComm, said: ‘We are considering a mechanism that would allow large fluctuations in the pension fund deficit to be reflected in postage prices. If the deficit were to rise substantially, for example as a result of equity markets falling, then this would feed through to higher stamp prices and vice versa.’
Read MorePost & Parcel Magazine
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