British Airways: APS trustees wanted scheme to be in deficit

James Phillips
clock • 2 min read

Trustees of the Airways Pension Scheme (APS) believed it would be a "lost opportunity" if the scheme ran a surplus, a lawyer for British Airways (BA) has argued.

In a landmark six-week case in the High Court, which began last Wednesday, BA is suing the APS trustee for its decision to award a 0.2% discretionary increase to members in the 2013/14 financial ye...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Revolutionising pensions - everything everywhere all at once?

Revolutionising pensions - everything everywhere all at once?

Helen Ball looks at balancing today’s pensions issues with tomorrow’s bigger picture

Helen Ball
clock 12 January 2026 • 5 min read
Industry backs PPF levy reduction but raises concern over superfund exemption

Industry backs PPF levy reduction but raises concern over superfund exemption

Decision to reduce levy to zero makes sense, but same logic should apply for superfunds

Jonathan Stapleton
clock 05 January 2026 • 3 min read
FCA transfer proposals 'a big step forward' for savers

FCA transfer proposals 'a big step forward' for savers

But People’s Pension disappointed FCA did not recommend a ban on transfer incentives

Jonathan Stapleton
clock 12 December 2025 • 3 min read
Trustpilot