The High Court has heard the Airways Pension Scheme (APS) trustees were entitled to include the value of recovery plan payments when deciding whether to pay discretionary increases.
The Airways Pension Scheme (APS) trustees needed to take a tactical approach to funding negotiations to pay Retail Price Index-linked (RPI) increases, their former legal adviser Anthony Arter has said.
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.
Pensions minister Richard Harrington has commissioned the Government Actuary's Department (GAD) to assess projected life expectancy in future years for the state pension age review.
The Financial Conduct Authority (FCA) has said individuals must be warned about losing employer pension contributions where they opt out to save into the lifetime ISA (LISA).
There is much speculation over what next week's Autumn Statement could throw up for pensions, so what does the industry want to see?
The Airways Pension Scheme (APS) actuary has defended his advice to trustees that awarding a discretionary increase to members would be a "reasonable and prudent" thing to do.
Follows FCA announcement on personal pensions
Aviva has called on the government to increase minimum auto-enrolment (AE) contributions to 12.5% by 2028 to ensure people build adequate pensions, as part of ten recommendations.
‘Proportionate balance between benefits'