British Airways has seen its combined defined benefit deficit increase despite asset increases of over €2bn (£1.73bn), its final results show.
The airline, which merged with Iberia to form International Airlines Group in 2011, operates both the Airways Pension Scheme and the New Airways Pensions Scheme. The APS finished the year in surplus...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.