|Royal Mail Plc
||Royal Mail Plc
||EPS - Basic
||Market Cap (m)
Royal Mail Share Discussion Threads
Showing 8251 to 8274 of 8275 messages
|Sorry something seems to have gone wrong with that link.|
|Adam Crozier has had about ten different jobs since that article was published lol.|
|Link opens a 2003 article|
|The article is dated 21st April 2017. The share price could dramatically fall. It could take years to recover.|
|Poacher, that article is a little out of date.|
|Agree with that. Postmen and women are looking at losing £100k each. What have they got to lose from causing as much damage as possible?|
|This is getting really serious. It could wipe out Royal Mail.|
|Definitely value here, but no way I'm investing with a potential long and protracted battle with the unions who won't care if they destroy the company.|
|Not looking very good:-
|So your info is from Auntie Beeb
"After Tesco just three FTSE 100 companies remain with DB schemes open to new members"
Is Royal Mail the last?
|This is not a small amount that each pensioner will loose. Unless the government are prepared to help out I can see a prolonged labour dispute.|
|'Strongest possible opposition'
The CWU said its members - including sorting and delivery staff - could lose up to a third of their future pensions as a result of the change.
A 50 year-old earning £25,000 a year and retiring at 65 would lose £4,392 a year, or more than £100,000 over the course of their retirement, it said.
"The CWU has made clear that any attempt by the company to impose change without agreement will be met with the strongest possible opposition, including a ballot for industrial action," said Ray Ellis, the union's acting deputy general secretary.
"We will not stand by and watch the company abandon the pension promises it made at the time of privatisation which threatens our members with massive cuts to their future pension benefits and insecurity and poverty in retirement."|
|where do you get the £4500 figure?|
|I think that anybody that looses £4500 a year from there pension is going to be very upset. Unless Royal Mail offer something different there is going to be big problems.|
|The unions will huff and puff as they pursue their political agenda that's for sure, but will there be enough support among the workforce? We'll see.|
|This spells big troubles with the unions. Strikes are very expensive if no solution can be found.|
|Another defined benefit pension scheme bites the dust(to future retirees at least):
"The Plan is currently in surplus but we expect the surplus will run out in 2018. The Company's annual pension contributions are currently around GBP400 million. If no changes are made, the contributions could more than double to over GBP1 billion in 2018. We have concluded that there is no affordable solution to keeping the Plan open in its current form. Therefore, the Company has come to the decision that the Plan will close to future accrual on 31 March 2018, subject to Trustee approval."|
|OK, about 419 has persuaded me out. Almost certainly "too early" but a handsome return in a short period allied to nervousness with the continued strength of markets in the face of, what I see anyway, potential issues and headwinds was too much to resist.
Hopefully will be back if the price pulls back-but good fortune to holders regardless|
|A profit is a profit so well done. My history with this one is cashing in two early, I've decided to wait for July's dividend this time and who knows - the share price might be a fiver again. Or it could be three quid - all part of the 'fun'! Good luck :-)|
|Hmmmm. Decisions, decisions. Bought in at just under £4 recently, a healthy profit being shown already. Take the money and run, or hold on for more?|
|Experts dismiss Royal Mail hybrid pension proposal
When the fear of loss on entry is overcome by the fear of loosing out.... boom!|
|Hybrid pension with a "pressure release valve"... may be best offer or if not DC pension
"The CWU's proposal also followed the publication of a government green paper on the future of the DB sector, in which the government proposed reviewing the indexation of annual pension increases."
"former pensions minister Steve Webb had tried to encourage a similar model early on in his tenure at the Department for Work and Pensions, but it never took off"|
|Thanks Mercer95, that's appreciated-but I'll not pat my back just yet :-)|
|Much better today for RMG, good call CWA1,|