And this management team can make all the promises it likes medium term, but it will almost certainly not be the one in charge in 7 years when those in any new scheme out number those in the present scheme.
If any change is not fought now by the members then you can wave good bye to any decent pay rises in the next 10 years. We ain't going to fight over the odd couple of % if we don't fight over this-and management know it only too well. There are more things more important than next months' pay cheque. So every single person who does AAVAs should start thinking very carefully about if they should be doing them in the near future. This is not a call for industrial action, just a plea that intelligent people think hard about the long term.