Originally Posted by
777JRM
This may be nonsense.
What is your source?
I believe that once in payment, the pension is safe.
Also, I believe legally safe, is the ring-fenced NAPS pension.
Ironically, the amount saved from closing NAPS almost exactly equates to the ‘special dividend’ paid out to shareholders last year.
I think Noel
might be talking about the BMI scheme, and the sequence of events which ultimately led to it entering the PPF?