Thread: Flybe-9
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Old 22nd Feb 2019, 17:30
  #1703 (permalink)  
speedrestriction
I REALLY SHOULDN'T BE HERE
 
Join Date: Dec 2005
Location: TOD
Posts: 1,070
Originally Posted by compton3bravo View Post
I noticed in one of the reports that if the company had gone to the wall, all pensions would be lost as the pension fund was registered in the Isle of Man and is not covered by the Pension Lifeboat fund.Good luck to all the staff, but looks like Mr Tinkler has lost some 2 million.
Not universally true - part of a pension fund from part of BA Connect which Flybe acquired 12 years ago would have been affected. Most employees pensions are held elsewhere.
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