{"id":66766,"date":"2015-01-10T14:01:00","date_gmt":"2015-01-10T07:01:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/monarch-pilots-pensions-slashed-in-move-to-ppf\/"},"modified":"2017-09-19T03:30:06","modified_gmt":"2017-09-18T20:30:06","slug":"monarch-pilots-pensions-slashed-in-move-to-ppf","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/monarch-pilots-pensions-slashed-in-move-to-ppf\/","title":{"rendered":"Monarch pilots\u2019 pensions slashed in move to PPF"},"content":{"rendered":"


\nA deal to offload the airline\u2019s pension scheme means that the pilots\u2019 retirement plans are wreckedJames Connor was just two years away from his planned retirement when he received the bombshell news that he would be losing more than 60% of his expected pension at a stroke.Connor had spent years carefully planning for a comfortable retirement, and had been on course to receive \u00a369,000 a year. But a few weeks\u00a0ago he learned he will now get \u00a326,500 a year. What\u2019s more, the tax-free lump sum he had earmarked to pay\u00a0off his \u00a3325,000 mortgage will also\u00a0be just a fraction of what he had been anticipating. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Monarch pilots\u2019 pensions slashed in move to PPF<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A deal to offload the airline\u2019s pension scheme means that the pilots\u2019 retirement plans are...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-66766","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-hmS","jetpack-related-posts":[{"id":17268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/port-talbot-steelworks-sale-at-risk-as-ppf-attacks-pensions-shake-up\/","url_meta":{"origin":66766,"position":0},"title":"Port Talbot steelworks sale at risk as PPF attacks pensions shake-up","date":"June 21, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Port Talbot steelworks sale at risk as PPF attacks pensions shake-up","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/carillion-greed-hits-other-companies-pensions-letters\/","url_meta":{"origin":66766,"position":1},"title":"Carillion greed hits other companies\u2019 pensions | Letters","date":"January 26, 2018","format":false,"excerpt":"\r The Pension Protection Fund receives its money by levies on other pension funds, writes Peter BrownThe collapse of Carillion and the payout of \u00a3900m from the Pension Protection Fund will not be a \u201chit to the public purse\u201d (Report, 25\u00a0January). The PPF receives its money by levies on other\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-lifeboat-fund-probes-cluttons-pre-pack-administration\/","url_meta":{"origin":66766,"position":2},"title":"Pensions lifeboat fund probes Cluttons pre-pack administration","date":"May 8, 2017","format":false,"excerpt":"\r Takeover of estate agent burdened PPF with \u00a343m deficit\r \r Source : ft.com\r Read more...Pensions lifeboat fund probes Cluttons pre-pack administration","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5040,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/warning-over-final-salary-schemes-as-combined-pension-fund-deficit-grows\/","url_meta":{"origin":66766,"position":3},"title":"Warning over final salary schemes as combined pension fund deficit grows","date":"May 14, 2013","format":false,"excerpt":"\r PPF figures reveal shortfall up \u00a320bn to \u00a3256.6bn as DHL becomes latest firm to consult with staff on closing schemeFinal salary pension schemes could be consigned to history in just three years, experts have warned, as it emerged that the combined deficit of UK pension funds increased by \u00a320bn\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/e-ppf-telecom-acquires-serbias-sbb-for-891mn\/","url_meta":{"origin":66766,"position":4},"title":"e& PPF Telecom acquires Serbia\u2019s SBB for $891mn","date":"April 4, 2025","format":false,"excerpt":"\r The company said the acquisition was financed through debt\r \r Source : arabianbusiness.com\r Read more...e& PPF Telecom acquires Serbia\u2019s SBB for 1mn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/04\/etisalat-eand-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":74848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toys-r-us-rescue-plan-at-risk-of-crumbling-as-ppf-demands-9m-injection\/","url_meta":{"origin":66766,"position":5},"title":"Toys R Us rescue plan at risk of crumbling as PPF demands \u00a39m injection","date":"December 19, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Toys R Us rescue plan at risk of crumbling as PPF demands \u00a39m injection","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66766"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=66766"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66766\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=66766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=66766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=66766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}