BRITISH Airways trustees have warned that members' benefits will have to be cut to clear the New Airways Pension Scheme's deficit.
Work on the latest actuarial valuation will not be complete for three months but trustees say the results are “likely to include a mixture of both additional cash being provided by BA and reductions in...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers