Law and Regulation

James Phillips explores what the win for the trustees in the British Airways trial means for other pension schemes.

British Airways (BA) will appeal a High Court decision which allowed trustees of one of its defined benefit (DB) schemes to grant a 0.2% increase to pensioners.

Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.

The European pensions regulator has launched its second exercise to test the potential impact on schemes in the event of a market crash or longevity shock.

The Pensions Regulator (TPR) should be investigated by a Royal Commission, according to a response to the government's green paper on defined benefit (DB) schemes.

Two discrimination case appeals involving firefighters and judges which had opposite rulings are expected to be heard at the same employment tribunal.

British Airways (BA) has lost a landmark trial to block its pension trustees' decision to award a discretionary increase in 2013.

The Liberal Democrats' pledge to review the pension tax relief system with an aim to introduce a flat rate has received a lukewarm response from pension professionals.

PP research reveals worries about higher costs arising from obligatory legal advice

Labour peer Lord Hutton has said there is nothing positive to say about his party's manifesto, which makes a "delusional" pledge to freeze increases in the state pension age.