What is the purpose of a pension scheme?
British Airways and one of its schemes' trustees are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Defined benefit (DB) pension schemes often have a power of amendment vested in the trustees, the employer, or both, allowing them to revise the rules and amend future benefit entitlements. But is there...
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Hold off on rash pension decisions, say regulators
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USS to proceed with 31 March valuation despite asset falls
Universities Superannuation Scheme (USS) has said it will go ahead with its 31 March valuation despite significant falls in asset values over the past month.
