ACTUARIES are a third of the way through a three-year valuation of British Airways' New Airways Pension Scheme. The work is expected to be completed in the next three months.
Chief executive Willie Walsh has said he is “confident” about slashing the deficit – £2.1bn under international accounting standard IAS19 – if unions accept the firm’s proposals which include increasing...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).