Granting discretionary increases was not necessarily precluded by the scheme being in deficit, the Airways Pension Scheme (APS) actuary has said in the landmark High Court case.
Giving witness evidence at the trial Willis Towers Watson's consulting actuary Michael Pardoe said the ability to award increases sat on a spectrum of decision-making and, if the scheme was not fully funded,...
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The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.
There is no reason to be pessimistic about the pensions challenge confronting the nation says former Bank of England governor, Lord Mervyn King.
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