Trustees of the Airways Pension Scheme have been forced to put on hold a discretionary increase in payments after British Airways launched legal proceedings to block the move.
In a letter to members, APS Trustees chairman Paul Spencer said the scheme had decided to pay a 0.2% increase with effect from December this year. But it said British Airways had not accepted this decision...
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