Post Office investments at risk?

friolento

km1500 said:

Fujitsu have now founnd a 500m.hole in their UK pension fund - this is more likely to affect their share price.

This is about their old ICL pension scheme. This scheme has been closed for new members many years ago. Fujitsu have also said they expect to plug the hole by 2027. Minor issue IMO, no reason for any panic.

Stubod

km1500 said:

Fujitsu have now founnd a 500m.hole in their UK pension fund - this is more likely to affect their share price.

..not a computer error by any chance???......   

boingy

Stubod said:

km1500 said:

Fujitsu have now founnd a 500m.hole in their UK pension fund - this is more likely to affect their share price.

..not a computer error by any chance???......   

The shortfall would have been larger but they found some extra money in one of their computer systems....

subjecttocontract

Don't get confused with the now defunct Consignia.......
Funny isn't it that lots of people think Royal Mail & the Post Office are the same thing......

Hoenir

subjecttocontract said:

Funny isn't it that lots of people think Royal Mail & the Post Office are the same thing......

That's social media for you. Misinformation travels fast these days. 

Smurnov

jaypers said:

I think I will now try to avoid Post Office for everything I can. They will certainly never have any of my savings. More disgusted by the day at the revelations being revealed. 

I just watched the ITV programme myself. A shocking way to treat people. Similarly will be avoiding Fujitsu.