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...
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).