BA misses valuation deadline as conflict with trustees drags on
British Airways (BA) has failed to meet a deadline for agreeing a way to plug its deficit due to a legal dispute with trustees over pension increases for retirees.
On 30 June the sponsor missed its 15-month deadline to agree a funding valuation with the Airways Pension Scheme (APS) and the New Airways Pension Scheme (NAPS). According to scheme documents, they...
More on Law and Regulation
MPs to investigate advice in ongoing pensions freedoms inquiry
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
TPR publishes full details of charity pension trustee fraud case
The Pensions Regulator (TPR) has published a regulatory intervention report on the case of jailed former charity for the disabled trustee and chief executive Patrick McLarry.
Uber drivers win pension rights
Uber drivers have once again won a legal battle to access to workers’ rights including auto-enrolment (AE) pensions, the minimum wage, and paid holidays.
The challenge of GMP equalisation continues
Pension professionals will need to get to grips with a number of points in order to effectively implement the most recent GMP decision, write Stephen Richards and Julia Ward.
Finalisation of net pay review vital in Budget, Now Pensions says
Chancellor Rishi Sunak must conclude the net pay review in the upcoming Budget to support the retirement income of low-paid workers, Now Pensions says.
