BA warns further deficit increases could affect capital raising ability - UPDATED
British Airways has told investors additional increases in its pension deficit could affect its ability to raise additional funds.
In its preliminary results for the 12 months ended March 31, released this morning, the airline said any further deterioration in financial markets could increase its pension deficit - a move, it said,...
Latest stories
LDI indices launched to 'improve governance and transparency'
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
What is the purpose of a pension scheme?
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
BoE's Carney: May rate hike not a done deal
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
We have used 25% lump sum wisely, say four in five freedoms users
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.