Pensions for British Airways' bosses should be capped at £50,000 a year to help plug the £2.1bn deficit, unions claim.
The GMB union, which represents ground staff, called for the cap at a meeting to discuss ways to resolve the shortfall. The three-year actuarial valuation for the New Airways Pension Scheme has risen...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.