Pilots at British Airways Move Millions Out of Company Pension
December 16th, 2009Via: Telegraph:
Pilots at British Airways are moving millions of pounds out of the company’s lucrative pension scheme amid fears it will go bust.
Workers fear the troubled company will fail to deliver on its pension promises after the airline announced this week that its pension deficit had reached almost £4 billion.
Experts said it showed a “lack of faith” among the company’s own staff in its pension scheme.
