View Full Version : Monarch Airlines Pension Scheme
Nightflyer
27th Dec 2001, 13:06
Can anyone out there shed some light what is going on with the Monarch Pension scheme. There has just been a sudden change of administrators and while there has been assurances that all is well, I wonder how well the pension fund is really performing. Years ago I tried to find out what investments were held by the scheme without success. I just hope that large sums of money have not been invested in company aircraft leases.
dundoniandean
27th Dec 2001, 13:21
Nightflyer.
Was this change of administrator announced by the company? I don't think I have read that....??? Any further info <img src="confused.gif" border="0">
Nightflyer
27th Dec 2001, 14:57
I don't really know but the monthly pension is no longer paid out by W.M Mercer.
Nightflyer
27th Dec 2001, 15:03
Sorry got a bit mixed up. We have been informed that there is a change of administrator. I can't find the letter that they sent me so I cannot tell you who is the new administrator.