BA case: APS actuary defends advice that an increase was 'reasonable and prudent'

James Phillips
clock • 4 min read

The Airways Pension Scheme (APS) actuary has defended his advice to trustees that awarding a discretionary increase to members would be a "reasonable and prudent" thing to do.

Continuing to give evidence to a landmark High Court trial on 15 November, Willis Towers Watson consulting actuary Michael Pardoe said his analysis of the scheme's funding position in 2013 allowed ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Government to develop new competency framework to 'empower' trustees

Government to develop new competency framework to 'empower' trustees

Reforms will also require administrators to register with TPR and meet minimum standards

Jonathan Stapleton
clock 10 November 2026 • 2 min read
Are pension schemes ready for gender recognition cases?

Are pension schemes ready for gender recognition cases?

Nicole Johannesen sets out a three-point checklist to help focus trustee thinking

Nicole Johannesen
clock 09 November 2026 • 4 min read
Paul Maynard – Why pensions adequacy risks becoming nobody's problem

Paul Maynard – Why pensions adequacy risks becoming nobody's problem

Former pensions minister says reformed triple lock will still be driven by annual politics

Paul Maynard
clock 06 November 2026 • 5 min read
Trustpilot