British Airways wins appeal against discretionary increases; trustees granted permission to appeal

James Phillips
clock • 4 min read

British Airways (BA) will not have to pay a £12m discretionary benefit its trustees had unilaterally granted, the Court of Appeal has ruled.

In its judgment issued today (5 July), the court accepted the airline's arguments that trustees of the Airways Pension Scheme (APS) had acted for an improper purpose when granting the 0.2% discreti...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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