British Airways (BA) took advantage of "accidental" drafting of the rules surrounding a £250m contingent payment in a bid to block discretionary increases for the Airways Pension Scheme (APS), a trustee has told the High Court.
Employer-nominated trustee (ENT) Alan Buchanan said payment of the £250m - promised to APS in the 2009 triennial valuation negotiations - required both APS and New Airways Pension Scheme (NAPS) to formally...
Con Keating says it is time for a different approach to defined benefit pensions but questions how easy this would be to achieve.
Robert Gardner says it is time for the industry to step up on financial education
The Pension Protection Fund's (PPF) decision to appoint an administrator for British Home Stores (BHS) independent of Sir Philip Green has been "vindicated" says Frank Field.
The British Steel scheme's trustee board has turned down Edmund Truell's proposal to save the fund, calling it an unviable plan that would expose members to "unacceptable risk".