Defined Benefit

Taha Lokhandwala looks at the on-going dispute between pensioners in the Airways Pension Scheme and its sponsor British Airways

Jonathan Stapleton says the BA case highlights the friction between firms and pensioners

The Pensions Regulator (TPR) has urged trustees to examine asset-backed contribution structures (ABCs) carefully and explore "less risky alternatives" before entering into such an arrangement.

Lloyds Banking Group (LBG) will give all staff transferring to TSB a cash payment of 27.5% of annual salary to "compensate" them for losing access to the group's defined benefit (DB) scheme.

Specialist managers are securing an increasing slice of the fiduciary management (FM) market as a result of improved governance and appointment processes, according to research from KPMG.

Guinness Peat Group (GPG) says it two of its three sponsoring employers have been found to be "insufficiently resourced" in its regulator investigation.

Lloyds Banking Group (LBG) workers may strike over the group's decision to cut pensionable pay increases from its defined benefit (DB) schemes.

British Airways (BA) will continue to "contest every claim" from pensioners for inflation protection compensation, despite losing the initial judgment.

Sainsbury's defined benefit (DB) scheme actuarial deficit has fallen by £635m over the three years between March 2009 and 2012, its interim results show.

Jack Jones tracks the rise of online valuation tools