BA hearing - Day 1: Airways trustees put in 'invidious position of paymaster'
Concluding that the purpose of a pension scheme is not simply to apply the employer's preferred remuneration strategy would result in trustees becoming "paymaster", the Court of Appeal has been told.
This is an "invidious position" which most trustees would be ill-equipped for and feel uncomfortable with, British Airways alleged as it launched an appeal against last year's High Court decision to allow...
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