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March 2010 Events Hursley Retirees AGM, Tuesday 9th March 2010 Agenda:
Presentation at 2009 AGM by David Newman, Pensions Trust Manager In reviewing the performance of the Pension Fund, David made the following points: IBM Corporate worldwide revenues continue to grow last year and in the UK business is good. The swing from a relative decline in hardware growth is balanced by continued growth in software, including Hursley’s communications products. The Annual Corporate Report is available on the web. Re: the Pension Fund: 2008 was a mixed year for the Fund:
David also conveyed news of the most recent pension increase, based on the RPI, from next month, of 0.1%. Members present thanked David for his summary of the current position of the Fund and attending the meeting. Notes by M J Hughes, Chairman. |
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