The High Court has heard the Airways Pension Scheme (APS) trustees were entitled to include the value of recovery plan payments when deciding whether to pay discretionary increases.
This was because the money had been pledged to the scheme, one of the trustees has said in the landmark case. The trustees saw it as a matter of entitlement to assume £55m annual contributions agreed...
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
James Balcombe looks at how pension funds can find the best hedge fund managers in the market
British Airways (BA) will appeal a High Court decision which allowed trustees of one of its defined benefit (DB) schemes to grant a 0.2% increase to pensioners.
Helene Winch says in light of regulatory guidance, schemes focused on de-risking need to re-consider their fiduciary duty to also manage ESG risk