BA: Best estimate assumptions would have allowed discretionary increases
Company adviser modelling of the Airways Pension Scheme (APS) funding position would have allowed for discretionary increases if adopted, British Airways (BA) has admitted.
The revelation came to light during the cross-examination of former pensions risk manager Robert French in a landmark trial at the High Court. At the trial, which is now in its third week, BA is challenging...
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Is mediation set to become the new normal for pension disputes?
Mediation has been under-utilised historically as a means of dispute resolution in this area. Mark Blyth and Geoff Egerton think this is going to change.
