VOTE OF NO CONFIDENCE IN TRUSTEE OF PENSION

[k979aaa]

I would like to table a motion of no confidence in the Chair of trustee of the Royal Mail Pension Plan reasons for 1 Does not have the interests of the membership as a primary consideration 2 How can a pension fund only not even 9 years old be unaffordable so soon? 3 If the likes of Joanna Matthews cannot hold Moya Greene and her ilk to account I have no confidence in her or her team for managing my future or that of anyone's in this pension fund!

[glenfiddich]

I second that.

[Bernardson]

I see the Church of England's investment management fund have earned a 17% return during the last 12 months perhaps our pension fund should be following the COE's portfolio

[k979aaa]

I see the Church of England's investment management fund have earned a 17% return during the last 12 months perhaps our pension fund should be following the COE's portfolio

But that is with god on their side whilst we a ruled buy the devils hand for her own ends and Moya Greene probably don't do church as the confession box would be permanently occupied by her if she had a soul that is!

[heapsy]

I see the Church of England's investment management fund have earned a 17% return during the last 12 months perhaps our pension fund should be following the COE's portfolio

Even I am beating the investment return of the RM pension. It needs people like me and a few others to invest in the right places. Sadly that just wont happen.

[TheTrolleyMan]

I agree we need to get rid of these f**kwit trustees

[TrueBlueTerrier]

The CWU has representatives within the Trustees. Contact them and see what they say

There are nine directors on the Board. One is an independent Chair appointed by Royal Mail, but with union agreement, and four are nominated by the membership (three through a CWU process and one through a Unite/CMA process). The remaining four are nominated by Royal Mail, of whom two are independent trustees, and one is chosen by Post Office.

http://www.royalmailchat.co.uk/communit ... 27&t=79846" onclick="window.open(this.href);return false;

[GRS]

They are probably bent as well - money talks no matter what side of the fence you proclaim to sit on

[SW17]

If they had our interests at heart then they would have rejected royal mails proposal as the pension surplus has increased and not declined as royal mail predicted as well as a 25% increase in company profits.
A vote of no confidence from me

[Wednesday]

The CWU has representatives within the Trustees. Contact them and see what they say

There are nine directors on the Board. One is an independent Chair appointed by Royal Mail, but with union agreement, and four are nominated by the membership (three through a CWU process and one through a Unite/CMA process). The remaining four are nominated by Royal Mail, of whom two are independent trustees, and one is chosen by Post Office.

http://www.royalmailchat.co.uk/communit ... 27&t=79846" onclick="window.open(this.href);return false;

So the four appointed by Royal Mail vote one way and the four appointed by the membership vote another.So the casting vote goes to the chair appointed by Royal Mail !!!(Or have I watched too much Stictly Come Dancing ?) !

[SW17]

Will be interesting to see the minutes of the meeting to see how the voting was cast and by who.

[TrueBlueTerrier]

The CWU has representatives within the Trustees. Contact them and see what they say

There are nine directors on the Board. One is an independent Chair appointed by Royal Mail, but with union agreement, and four are nominated by the membership (three through a CWU process and one through a Unite/CMA process). The remaining four are nominated by Royal Mail, of whom two are independent trustees, and one is chosen by Post Office.

http://www.royalmailchat.co.uk/communit ... 27&t=79846" onclick="window.open(this.href);return false;

So the four appointed by Royal Mail vote one way and the four appointed by the membership vote another.So the casting vote goes to the chair appointed by Royal Mail !!!(Or have I watched too much Stictly Come Dancing ?) !

Its probably even worse as the Unit/CMA grade trustee will be a manager level rep. Now what Manager is going to go against Moya, even as a full-time release rep it would be career suicide.

[k979aaa]

The CWU has representatives within the Trustees. Contact them and see what they say

There are nine directors on the Board. One is an independent Chair appointed by Royal Mail, but with union agreement, and four are nominated by the membership (three through a CWU process and one through a Unite/CMA process). The remaining four are nominated by Royal Mail, of whom two are independent trustees, and one is chosen by Post Office.

http://www.royalmailchat.co.uk/communit ... 27&t=79846" onclick="window.open(this.href);return false;

So the four appointed by Royal Mail vote one way and the four appointed by the membership vote another.So the casting vote goes to the chair appointed by Royal Mail !!!(Or have I watched too much Stictly Come Dancing ?) !

Its probably even worse as the Unit/CMA grade trustee will be a manager level rep. Now what Manager is going to go against Moya, even as a full-time release rep it would be career suicide.

Well with any taxation their should be representation this is a law in the USA but we are told by our leaders which appoint these people we are represented by someone who is paid by the company WHO IS YOUR DADDY!