There is a new FRI on the way, according to a very good mate at PMA who is involved in the process. No detail on how much or who it will be targetted at, but he says it is definately coming - probably to be announced in the near future, as people are now making their go/no-go decision based on the fact that they will not be getting an FRI post Mar 07.
If they wish to retain people who are coming up to option decisions now (1 year left until IPP), then they need to let people know if there will be an FRI for them, or accept that they will lose them. I know lots of blokes who will miss the current FRI (some by weeks), who are going to leave - a few won't stay for all the money in the world, but I know at least 3 (very experienced front-line QHI's), who have said that circa 100k would keep them in, but less probably wouldn't - this is not a demand, as they are all prepared to leave, but the RAF must accept that if it wants to keep people such as this, it may have to stump up some cash.