Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.
Speaking in the final week of the landmark trial on 6 December, Michael Tennet QC added the trustees' belief that they had to act in the best financial interests of members also led to a "corrosion" of...
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.