Airtours/Why Travel Pension Scheme
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Join Date: Dec 2000
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Airtours/Why Travel Pension Scheme
Help - just received this years Benefit Statement and the Trustees have again excelled at losing my hard earned. Can I (we) do something about this, or do we have to grin and bear it. Some one must have a cunning plan.
Join Date: Oct 2001
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Sevenseas I think you will find that the vast majority of retirment funds lost money last year, mine lost 1%. There are a lot funds that lost more and very few who made a profit.
I don't think there can be much done about it until the big end of town can be viewed with some confidence!
I don't think there can be much done about it until the big end of town can be viewed with some confidence!
Last edited by Sopwith Pup; 8th Aug 2002 at 22:13.
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Join Date: Feb 2000
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As the warning says, "The value may go down as well as up" and certainly mine went down as well - cest la vie as they say!
There are winners and there are losers but overall, give me low inflation anyday. whats the point of you pension increasing by 10% when inflation is running at 20% ?????????????
There are winners and there are losers but overall, give me low inflation anyday. whats the point of you pension increasing by 10% when inflation is running at 20% ?????????????
Keeping Danny in Sandwiches
Join Date: May 1999
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Seven Seas
If you have some time to retirement you are on a bonus; you money will buy more shares for the same money now that they did 6 months ago. In the longterm it is to you benefit.
The guys that are going to suffer are those retiring in the next couple of years; but they should have been moving money into cash or interest for the last year or 2.
If you have some time to retirement you are on a bonus; you money will buy more shares for the same money now that they did 6 months ago. In the longterm it is to you benefit.
The guys that are going to suffer are those retiring in the next couple of years; but they should have been moving money into cash or interest for the last year or 2.
Join Date: Jul 1999
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Reality Check: If we screw up it's at the very least headline news, these guys are failing to do what we pay them for, they are not doing as well as their contemporaries. They are the weakest link and we pay for their F**up's if they can't cut the mustard - chop them that's what happens to us make no mistake, i've seen it!
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What's this about "surrendering a contracting -out certificate".
I have to admit I don't fully understand the significance of this but it does mean we will pay NI contributions at a higher rate. At first sight this seems a bad deal. Anyone know more?
I have to admit I don't fully understand the significance of this but it does mean we will pay NI contributions at a higher rate. At first sight this seems a bad deal. Anyone know more?