BA case: NAPS must accept APS award, former chairman says

clock • 4 min read

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.

Continuing to give evidence on 23 November, Paul Spencer said "there is nothing" New Airways Pension Scheme (NAPS) trustees can do about the decision and should therefore accept it. BA is contes...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

TPR's General Code comes into force

TPR's General Code comes into force

WTW research shows average scheme is 87% compliant with the code

Jasmine Urquhart
clock 27 March 2024 • 4 min read
UPDATED: DWP publishes staging dates for pensions dashboards connection

UPDATED: DWP publishes staging dates for pensions dashboards connection

Largest schemes have until 30 April next year to connect to the dashboards infrastructure

Jonathan Stapleton
clock 25 March 2024 • 6 min read
PPF proposes bespoke s143 valuation assumption for smaller schemes

PPF proposes bespoke s143 valuation assumption for smaller schemes

Lifeboat fund says current assumptions are understating the liabilities of smaller schemes

Jonathan Stapleton
clock 25 March 2024 • 2 min read
Trustpilot