An increased volume of enquiries has led British Airways (BA) Pensions to temporarily suspend transfer values for active members.
The decision, which applies to both the New Airways Pension Scheme (NAPS) and Airways Pension Scheme (APS), is to "protect the service levels" BA Pensions provides to members while it consults on the proposed...
DB scheme consolidator Stoneport hopes to get 100 schemes signed up by the end of next year, but employer covenant will be vital, chief executive Richard Jones tells James Phillips.
The outlook for future longevity in the UK has not necessarily worsened as a result of the coronavirus pandemic, Aon says.
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
Jump from 554 in 2019