Pensioner Latest News
LTU Campaign On Actuaries Succeeds
Date: 9th Mar 2007
In a letter to the Union Ewan Brown the Chairman of Trustee Directors for the No 1 and No 2 Pension Funds has confirmed that the Bank will be replacing Watson Wyatt with different actuarial advisers. More Info >>
Members Urged To Act On Pension Scheme Deficit
Date: 5th Mar 2007
As part of its campaign to persuade the Trustees of the No 1 and No 2 Pension Funds to bring forward the Scheme Valuation so that the size of the Group’s Pension Scheme deficit can be properly understood and decisions made about how best it might be eliminated LTU has asked members to write to the Board’s Chairman. More Info >>
“The Lady Doth Protest Too Much, Methinks”
Date: 12th Feb 2007
LTU today responded to the accusation of scaremongering over the findings of the independent report it commissioned from leading actuaries Hymans Robertson into the state of the pension scheme deficit from Helen Weir, the Group Finance Director. More Info >>
Independent Report Exposes True Extent Of Pension Deficit
Date: 29th Jan 2007
A report commissioned by LTU has today blown a massive hole in the Bank’s carefully crafted pension deficit strategy and raises important questions about the Group’s future profitability. More Info >>
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