Trustees of the Airways Pension Scheme (APS) could have awarded a discretionary increase without amending the scheme rules, their lawyer has told the High Court.
Presenting their closing statement on 7 December, Keith Rowley QC said trustees could have invoked clause 18 - which allowed amendments to the scheme rules "in any way" - to award an increase without the...
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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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