BA judgment creates uncertainty over extent of trustee powers

clock • 3 min read

Stephen Richards says the 'paymasters' principle is likely to be scrutinised closely in light of British Airways' landmark win in the Court of Appeal.

British Airways' (BA) successful challenge to a discretionary pension increase granted by the trustees of the Airways Pension Scheme will come as a relief to BA, but it has created uncertainty on t...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Legal Review: Surplus to requirements – what to do in a wind-up

Legal Review: Surplus to requirements – what to do in a wind-up

Samantha Brown and Dan Saunders explain the complexities around managing surplus

Dan Saunders and Samantha Brown
clock 29 May 2024 • 4 min read
PLSA outlines pension priorities for first 100 days of next government

PLSA outlines pension priorities for first 100 days of next government

Trade body calls on incoming government to take reform action in five key areas

Jonathan Stapleton
clock 24 May 2024 • 3 min read
Schemes face uncertainty as new rules delayed by general election

Schemes face uncertainty as new rules delayed by general election

Industry fears new funding code will be among the reforms delayed by surprise poll

Jonathan Stapleton
clock 23 May 2024 • 4 min read
Trustpilot