LTB 339/16 Third Bridge and Alphasights : Investment Consultants

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LTB 339/16 Third Bridge and Alphasights – Investment Consultants

No. 339/2016

27th May 2016



Dear Colleagues,

Third Bridge and Alphasights – Investment Consultants

Colleagues will recall that the Department circulated LTB 789/15 and LTB 516/15 last year in which we alerted Branches to the activity of New York based Market Research Companies, Ridgetop Research and Cognolink.

However the Department is now aware that a further two companies, Third Bridge (based in London) and Alphasights (based in New York) have contacted a number of individuals at CWU HQ and similarly may have contacted CWU members offering financial incentives to take part in consultation activity. I would once again direct colleagues to the content of LTB 516/15 and in particular the following reference:

“there is clearly a risk that any Royal Mail employee taking part in any paid private consultation of this sort could be in breach of RM’s Code of Business Standards by potentially disclosing confidential business information.”

In light of these concerns, I am writing to all CWU Branches to alert you to Third Bridge and Alphasights activity with the request that no CWU Representative or CWU member participates in any consultation in this respect. We have also alerted Royal Mail to these developments, warning them about the potential risks to the business and to report this activity to Ofcom in the context of their obligation to ensure fair competition in postal services.

All Branches should ensure that the content of this LTB is circulated and brought to the attention of all Representatives and members.

Branches are encouraged to alert the DGS (P) Department of any future requests from Third Bridge and Alphasights.

Any queries about the content of this LTB should be addressed to the DGS (P) Department quoting reference 24005.

Yours Sincerely,

Ray Ellis
Acting Deputy General Secretary (Postal)