Ridgetop Research – Investment Consultants

Ridgetop Research – Investment Consultants 

Colleagues will recall that the Department circulated LTB 516/15 dated 7th August 2015 in which we alerted Branches to the activity of Cognolink, a New York based Market Research Company. For ease of reference a copy of this LTB is attached.

 

The Department is aware that another company “Ridgetop Research” also New York based has been contacting a number of CWU members again offering a financial incentive to take part in consultation activity. I would direct colleagues to the content of LTB 516/15 and in particular the following reference:

 

“there is clearly a risk that any Royal Mail employee taking part in any paid private consultation of this sort could be in breach of RM’s Code of Business Standards by potentially disclosing confidential business information.”

 

In light of these concerns, we are writing to all CWU Branches to alert you to Ridgetop Research’s activity and ask you, Representatives and CWU members not to participate in any consultations. We have also alerted Royal Mail to these developments, warning them about the potential risks to the business and to report this activity to Ofcom in the context of their obligation to ensure fair competition in postal services.

 

Against this backdrop, all Branches should ensure that the content of this LTB are circulated and brought to the attention of all Representatives and members.

 

Branches are encouraged to alert the DGS (P) Department of any future requests from Ridgetop Research. Any queries about the content of this LTB should be addressed to the DGS (P) Department quoting reference LTB 789/15.

 

Yours sincerely

 

 

 

 

 

Terry Pullinger​

Deputy General Secretary (P)