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  • Law and Regulation

BA trustees: Leading counsel called increase amendment an 'elegant solution'

BA trustees: Leading counsel called increase amendment an 'elegant solution'
  • James Phillips
  • James Phillips
  • @PPJamesPhillips
  • 04 November 2016
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Amending scheme rules to allow for discretionary increases provided an "elegant solution" to the indexation debate, according to the Airways Pension Scheme's (APS) leading counsel.

The description was recalled by the lawyer representing the trustee board during its opening statement in a landmark High Court case, where British Airways (BA) is contesting a 0.2% increase awarded to...

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