BAA
Defined Benefit
Heathrow Airport scheme deficit now stands at £99m, down from £128m at end of 2023
26 February 2025
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1 min read
Risk Reduction
Heathrow Airport's defined benefit (DB) plan has completed a £325m pensioner buy-in with Legal & General (L&G) financed by an innovative corporate bond.
14 June 2018
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2 min read
Defined Benefit
Heathrow has unleashed a number of changes to its final salary scheme to reduce ongoing costs and deliver more affordable benefits to employees.
29 October 2015
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Defined Benefit
BAA Airports pension scheme has moved into surplus after receiving a £26m boost from switching indexation measures.
22 February 2012
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Defined Benefit
BAA has shaved a further £37.1m off its defined benefit scheme deficit, results show.
27 April 2011
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Defined Benefit
BAA Pension Scheme has cut its defined benefit scheme liabilities by more than £200m following the sale of Gatwick Airport.
22 February 2011
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