IBM wins appeal over pensionable pay cap

James Phillips
clock • 5 min read

The Court of Appeal has sided with IBM Holdings in a battle over the closure of its defined benefit (DB) schemes and a cap on increases in pensionable pay.

The court has this morning dismissed the High Court's 2015 ruling that the computing giant had not acted in good faith when implementing a series of changes to its DB schemes. The judgment speci...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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