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....
The Pensions Regulator (TPR) has issued another set of guidance for coping with the Covid-19 pandemic, with trustees urged to act work flexibly with administrators.
The Local Government Pension Scheme (LGPS) has gone live with a cost transparency compliance system and has on-boarded all UK schemes onto the platform.
As the Covid-19 outbreak brings new threats from scams, it is important the message to members about avoiding knee-jerk reactions isn't lost in the panic, says David Fairs.
HM Revenue and Customs has extended the deadline for the issue of final reconciliation data cuts due to the coronavirus outbreak.
Against a Covid-19 backdrop of deteriorating funding positions and reduced ability to pay DRCs, Alistair Russell-Smith looks at key actions for scheme sponsors.