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.
Airways Pension Scheme (APS) trustees did not intend to hardwire Retail Price Index (RPI) during a test for awarding discretionary increases, a trustee has told the High Court.
The Department for Work and Pensions (DWP) has issued a consultation on indexation and equalisation of guaranteed minimum pensions (GMP) in public service pension schemes.
Amid reports ministers could be granted public interest powers to interfere in company takeovers to protect schemes, Stephanie Baxter asks if it would really help prevent another BHS.
The chancellor's first Autumn Statement tinkered further with pensions. Jonathan Stapleton explains why this is the wrong way to approach long-term savings.
'Annuity comparator' tool to be established
The industry has expressed surprise at the number of defined contribution (DC) plans failing to complete their scheme returns on time.
The former chairman of the Airways Pension Scheme (APS) has told the High Court trustees of British Airways' (BA) other pension scheme must accept their decision to award a 0.2% increase.
Richard Harrington has said he has no objection to giving trustees the right to change indexation in rare cases, as long as members are protected against higher living costs.
The chancellor has confirmed the government will keep the state pension triple lock but warned it could be cut in future due to rising longevity.