IBM rectification case 'does not apply' to deferred members

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The High Court has ruled IBM does not have a 'duty of good faith' to allow deferred members to claim unreduced pensions between 60 and 63.

IBM warned in its submissions to the court that granting deferred members the same right would cost a further £175m to £240m. The ruling comes after the computing giant lost a £100m rectificatio...

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