Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.
Speaking in the final week of the landmark trial on 6 December, Michael Tennet QC added the trustees' belief that they had to act in the best financial interests of members also led to a "corrosion" of...
HM Treasury has announced that the government’s next Budget will take place on 6 November, although this depends on the outcome of the Brexit negotiations.
The Pension Protection Fund (PPF) has begun increasing payments to all pensioner members whose compensation falls below 50% of their pre-insolvency entitlements solely due to caps.
LGPS Central has launched a multi-factor equity fund with climate considerations core to its investment process.
The PPF is increasingly being called to vote on behalf of pension schemes in the event of a CVA process. James Phillips speaks to Malcolm Weir about the lifeboat fund’s capabilities.
The collapse of Thomas Cook shows how company boards must give greater attention to how pay and dividends contrast to pension scheme contributions, says Stephen Richards .