Originally Posted by
TURIN
I've worked out my losses. If BA close NAPS I have got about 15 years in which I will need to find £20000 per year to fund my pension up to the level I was promised. An impossible task on my current wage.
If that is the case, that shows you how unsustainable yours and others pensions are unsustainable. I had my final salary pension closed and then put into PPF with Monarch.
Your pension will be frozen and believe me, will be worth a guaranteed amount which would eclipse my BARP pension, which by the way isn't a guarenteed amount like NAPS.