Private sector defined benefit (DB) schemes saw a small improvement in their funding ratios in November after a year of market turmoil.

The Pension Protection Fund (PPF) has put into effect changes to actuarial assumptions used in sponsor insolvencies and to calculate risk-based levies.

Defined benefit (DB) trustees should make greater use of the flexibilities within regulations, The Pensions Regulator's (TPR) chief executive has said.

Jay Doraisamy has been appointed pensions partner in the London offices of Mayer Brown.

The Department for Work and Pensions (DWP) will issue a green paper on the future of defined benefit (DB) schemes in early 2017, the pensions minister has confirmed.

The Airways Pension Scheme (APS) trustees' decision to grant a discretionary increase would have very little effect on the security of members' benefits, an expert actuary has argued in the High Court.

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.

Airways Pension Scheme (APS) trustees should have updated the scheme trust deed and rules when British Airways (BA) was privatised in 1987, a trustee has told the High Court.

A £250m contingent payment, due to be paid in 2019, was created for Airways Pension Scheme (APS) trustees to use however they wanted, according to its former chairman.

It was not legally risky for the Airways Pension Scheme (APS) trustees to unilaterally amend the trust deed to give themselves a discretionary increase power, ex-adviser Anthony Arter has said.