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Can we acquire Royal Mail
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postieblueshirt
- Posts: 1241
- Joined: 01 Oct 2019, 22:05
- Gender: Male
Re: Can we acquire Royal Mail
If we were having this discussion in an amazon forum I'd be all over it but this is royal mail I'd want a safer place for my measly pension.
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DirtyHarry
- Posts: 5051
- Joined: 13 May 2007, 23:16
- Gender: Male
- Location: London
Re: Can we acquire Royal Mail
I think we know as much about running a business, as Thompson does.
So, it's a NO from me.
So, it's a NO from me.
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zhk
- Posts: 21
- Joined: 11 Nov 2011, 08:33
- Gender: Male
Re: Can we acquire Royal Mail
We all know what happened to BHS pension fund. Self administrred pension fund always depends on company"s performance. Already on last balance sheet there is a deficit in cash balance scheme. Pension with Scottish Widows should be alright.
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RobertT
- EX ROYAL MAIL
- Posts: 6687
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Can we acquire Royal Mail
The RM report and accounts say there is no need for any extra cash injection into the DBCBS. That's because it's a long term thing that needs time to grow – there doesn't have to be enough in the pot to pay everyone's lump sum, all the time!
Considering the pension with Scottish Widows is a Defined Contribution scheme and therefore it's impossible to have a deficit, I can safely say it will be alright.
Although the performance of the investments will obviously impact the individual members.
Considering the pension with Scottish Widows is a Defined Contribution scheme and therefore it's impossible to have a deficit, I can safely say it will be alright.
Although the performance of the investments will obviously impact the individual members.
Links to all RM pension related websites are here