It was not legally risky for the Airways Pension Scheme (APS) trustees to unilaterally amend the trust deed to give themselves a discretionary increase power, ex-adviser Anthony Arter has said.
Giving evidence at a landmark High Court trial on 16 November, former Eversheds head of pensions and APS legal adviser Arter - now the pensions ombudsman - said he suggested the amendment as an alternative...
Over half of pension professionals believe the 'gilts plus' valuation method is unhelpful in the current economic environment, according to Aon Hewitt research.
The Pensions Regulator (TPR) should be investigated by a Royal Commission, according to a response to the government's green paper on defined benefit (DB) schemes.
The College of Law Pension and Assurance Scheme has completed its fourth buy-in for £28m worth of liabilities with Aviva, as it moves closer to full buyout.
The Pensions Management Institute (PMI) has appointed Ruth Palmer as learning director where she will review its qualifications suite and develop its education strategy.