I agree with Max,
The pension isn't what it was, FACT!
Theres no point in getting into a squablle about old boys paying for new boys, it just ain't going to happen.
The pension, as offered by BA at the moment is pretty poor, but BARP is the baseline. With a decent wage plus some judicious (sp???) investment that pension plan can be nicely bumped up. Plus that pension contributions can be position in your tax return for tax relief. I don't know what the max AVC is but I think you can push upto 17% of your wage before the tax man starts looking.
And, at the end of the day, if you don't like BARP, pull out. It's your choice and your money. We are all big boys being paid good money to make decisions. Use that process to invest in your future, not the shiny new sports car for today.
Helmet on, duck down, wait for flak.
