PPRuNe Forums - Search Results

Search: Posts Made By: TURIN

Showing results 1 to 9 of 9
Search took 0.00 seconds.

Forum: Terms and Endearment

20th Nov 2017, 10:06

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

Looking at the latest Pension Statement, the...

Looking at the latest Pension Statement, the average return over the last ten years is over 7%. Last year it was 21% for some of the AVC funds!

It doesn't seem to be the investment returns that...

Forum: Terms and Endearment

20th Nov 2017, 09:34

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

Well I have been paying in between 15% and 20% of...

Well I have been paying in between 15% and 20% of my salary since I was 18.
And yet I am now going to lose about 30% of my annual pension. Should I have been paying more? Less? Go and enjoy the...

Forum: Terms and Endearment

12th Nov 2017, 11:36

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

The numbers in red have got bugger all to do with...

The numbers in red have got bugger all to do with the pension scheme. There were several other reasons BA declared losses there.

Profit is profit. The accountants will do their thing and...

Forum: Terms and Endearment

25th Oct 2017, 00:29

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

According to this ...

According to this

https://en.wikipedia.org/wiki/British_Airways#Business_trends

Last ten years profits are pretty damn good.

Forum: Terms and Endearment

20th Oct 2017, 15:32

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

I have to disagree. Some companies are managing...

I have to disagree. Some companies are managing to fund their DB pensions. According to the figures we have been shown by BA approx 22% of companies are not in arrears. Makes you wonder why.
Tesco...

Forum: Terms and Endearment

13th Sep 2017, 21:49

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

HA! I am not a BA Captain, or FO for that...

HA!

I am not a BA Captain, or FO for that matter.

I was expecting about 37K, I am now looking at about 22k after the closure.:mad:

No Aston Martin for me I'm afraid.

Jet II

Forum: Terms and Endearment

10th Sep 2017, 23:37

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

Depends what you call generous. If BA get...

Depends what you call generous.

If BA get away with closing NAPS I will have an expected shortfall of approx £15000 a year.

My back of an envelope calculations may be wrong but (I think) to...

Forum: Terms and Endearment

9th Sep 2017, 20:50

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

Just done the sums again, its £300000 not...

Just done the sums again, its £300000 not £200000.

BA is making record profits. The directors of IAG and BA are paying themselves huge salaries.
In the meantime, they are plundering the...

Forum: Terms and Endearment

8th Sep 2017, 17:10

Replies: 154

British airways pension to close.

Views: 86,356

Posted By TURIN

I've worked out my losses. If BA close NAPS I...

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...

Showing results 1 to 9 of 9