is it me?, this reads like 'oh look at the poor company, we are so poor help us out, we have no money'
maybe before they herald record profits in pravda, i mean pulse, they should spare a thought to those people who have created a major portion of those profits and perhaps reward them , rather than saying sorry chaps and chapesses we havent got any money...
As far as them having to contribute at 20% , well if they had been contributing when they should have, rather than taking an extended payment holiday , they wouldn't be in such a position.
Capping future pensionable pay rises?? ok as long as i can cap the red barrons rises. If he's worth over 10% why arent i?
The bit that worries me is where they talk seriously about a second pension scheme, and ensuring any new scheme provides similar benefits, and this would protect against a two tier feeling. What happened to one NATS one pension???
I feel a cave in coming..