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Forum: Terms and Endearment

20th Nov 2017, 09:15

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

The DC has some positives and is just a savings...

The DC has some positives and is just a savings policy over the long run. Like all investments there are risks to the capital but a diverse portfolio and balancing should mean a positive result in...

Forum: Terms and Endearment

25th Oct 2017, 10:00

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

GrahamO.......really? Years of command experience...

GrahamO.......really? Years of command experience is easily replaceable? The facts are that BA for pilots on the 34pps is little different and and some cases considerably less than our low cost...

Forum: Terms and Endearment

23rd Oct 2017, 10:16

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

There is so much mistrust in BALPA now that a lot...

There is so much mistrust in BALPA now that a lot are not even members and a significant number who are members recently voted against the latest JSS bid because BALPA recommended to vote in favour. ...

Forum: Terms and Endearment

21st Oct 2017, 15:16

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

I think that's it Wiggy. NAPS is going to close...

I think that's it Wiggy. NAPS is going to close the question is on what terms for the NAPS members. The union need to try to minimise the transitional pain if you will and I don't think any BARP...

Forum: Terms and Endearment

21st Oct 2017, 07:39

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

Marvo. If the unions save NAPS they do so by...

Marvo. If the unions save NAPS they do so by ensuring there is no improvements made to BARP. BARP members are now the majority and it is acknowledged by all sides that the DC scheme could be...

Forum: Terms and Endearment

19th Oct 2017, 18:56

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

Did not say much really. I am on BARP and the...

Did not say much really. I am on BARP and the new deal is marginally better. The biggest worry is Philip Hammond and his muted pensions raid to buy youth votes.

Forum: Terms and Endearment

17th Oct 2017, 16:17

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

The only thing you can do that's wrong is not pay...

The only thing you can do that's wrong is not pay in. I would like to do something with property after a recent inheritance for my kids but I don't see much reward as a private landlord with one...

Forum: Terms and Endearment

17th Oct 2017, 15:02

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

A very good point I had not considered. I too...

A very good point I had not considered. I too make use of smart AVC's. As has been said on BARP you need to be looking at combined contributions of around 25%. As BARP members the only leverage we...

Forum: Terms and Endearment

17th Oct 2017, 13:44

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

New BARP will at the top end be 8% employee...

New BARP will at the top end be 8% employee contribution for a 14% company contribution. It's a small improvement because the maximum was 12%. There are various other tiers too but essentially for...

Forum: Terms and Endearment

11th Sep 2017, 07:03

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

I have no idea about NAPS but BARP works out...

I have no idea about NAPS but BARP works out something like this. 35 years contributions at 12% employer and 14% from me gives a pension estimated to be 55k on a average return. A poor return give...

Forum: Terms and Endearment

8th Sep 2017, 19:40

Replies: 154

British airways pension to close.

Views: 86,356

Posted By bex88

Correct me if I am wrong but BA are looking to...

Correct me if I am wrong but BA are looking to close NAPS to future payments and not closure of the entire scheme in itself. Members future contributions will go into BARP. The money put in will...

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