The Airways Pension Scheme (APS) trustees were "entirely reasonable" when including £55m annual recovery payments and a £250m contingent payment in their discretionary increase framework, their lawyer has said.
Trustees of the Airways Pension Scheme (APS) could have awarded a discretionary increase without amending the scheme rules, their lawyer has told the High Court.
Trade bodies have launched a consultation to explore how all types of pension transfers can be sped up to improve access for members.
Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.
A government proposal to limit the right to transfer pension funds amid increasing scam activity has been welcomed by the industry.
Airways Pension Scheme (APS) trustees did not have the authority to make an amendment to the scheme rules, a lawyer for British Airways (BA) has told the High Court.
The government has launched a consultation on banning pensions cold calling and limiting the right to transfer after a rise in scams since the pension freedoms.
A recent consultation outlines a 10-step approach to GMP equalisation. However, there is a need for more clarity finds Helen Morrissey.
Defined benefit (DB) trustees should make greater use of the flexibilities within regulations, The Pensions Regulator's (TPR) chief executive has said.
Tim Sharp says younger people should support the triple lock.