Granting discretionary increases was not necessarily precluded by the scheme being in deficit, the Airways Pension Scheme (APS) actuary has said in the landmark High Court case.
Giving witness evidence at the trial Willis Towers Watson's consulting actuary Michael Pardoe said the ability to award increases sat on a spectrum of decision-making and, if the scheme was not fully funded,...
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
In the latest of PP's Pensions Influencers interview series, Jonathan Stapleton speaks to Ian McKnight, chief investment officer of the Royal Mail Pension Plan
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
The 3i Group Pension Plan has completed a £200m buy-in with Pension Insurance Corporation (PIC), its first insurance policy so far.