British Airways: APS trustees wanted scheme to be in deficit

James Phillips
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British Airways: APS trustees wanted scheme to be in deficit

Trustees of the Airways Pension Scheme (APS) believed it would be a "lost opportunity" if the scheme ran a surplus, a lawyer for British Airways (BA) has argued.

In a landmark six-week case in the High Court, which began last Wednesday, BA is suing the APS trustee for its decision to award a 0.2% discretionary increase to members in the 2013/14 financial year....

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