The Airways Pension Scheme (APS) trustees received advice that was too precise to be a prudent recommendation, British Airways' (BA) chief financial officer (CFO) has claimed.
A 2011 draft of a discretionary increase framework (DIF) made assumptions to a 0.01% degree, which Nicholas Swift said was part of the trustee board's plan to create a framework that justified an increase....
The Consumer Price Index (CPI) rose to 1.6% in December on the back of falls in sterling following the Brexit vote, its highest level in two years.
This week we want to know what is the hardest type of pension fraud to stop and what action would best tackle it.
Punter Southall has promoted Guy Plater, Martin Hunter and Mark Poyner to principal after demand for its actuarial and investment consulting grew.
Zurich has completed a £300m longevity hedge swap with an undisclosed pension scheme of a small firm, marking its fifth such deal in 13 months.