BA: Best estimate assumptions would have allowed discretionary increases

clock • 2 min read

Company adviser modelling of the Airways Pension Scheme (APS) funding position would have allowed for discretionary increases if adopted, British Airways (BA) has admitted.

The revelation came to light during the cross-examination of former pensions risk manager Robert French in a landmark trial at the High Court. At the trial, which is now in its third week, BA is...

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