CSMA directors propose the sale of CSMA member assets at a privately agreed price to a sole permitted bidder. Proceeds to be used to ensure CSMA employees (doubtless including said directors) can continue to enjoy full and generous final salary pension benefits. Meanwhile many CSMA members have lost their own pensions.
Fat cats line own pockets behind closed doors – yet again.
I note that CSMA provide no internet forum for members to discuss/protest and can happily expect its civil service members to accept its vacuous statement and vote away their own money to someone else\’s pension.
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CSMA directors propose the sale of CSMA member assets at a privately agreed price to a sole permitted bidder. Proceeds to be used to ensure CSMA employees (doubtless including said directors) can continue to enjoy full and generous final salary pension benefits. Meanwhile many CSMA members have lost their own pensions.
Fat cats line own pockets behind closed doors – yet again.
I note that CSMA provide no internet forum for members to discuss/protest and can happily expect its civil service members to accept its vacuous statement and vote away their own money to someone else\’s pension.
I stated a discussion about this on the http://www.rpoints.com mutuals forum.
I see this actions theft and I am writting to the FSA about it.