Trustees of the Airways Pension Scheme (APS) believed it would be a "lost opportunity" if the scheme ran a surplus, a lawyer for British Airways (BA) has argued.
In a landmark six-week case in the High Court, which began last Wednesday, BA is suing the APS trustee for its decision to award a 0.2% discretionary increase to members in the 2013/14 financial year....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point