Airways Pension Scheme (APS) trustees did not intend to hardwire Retail Price Index (RPI) during a test for awarding discretionary increases, a trustee has told the High Court.
Continuing to give evidence on 24 November, member-nominated trustee Paul Douglas refuted a claim by British Airways' (BA) lawyer that he and other MNTs were determined to bring the scheme back to RPI....
Defined benefit (DB) schemes are not taking advantage of "exceptional" pricing for bulk annuities, with most schemes insured in H1 being repeat buyers, Aon Hewitt has said.
Hymans Robertson has appointed Tom Dunster to lead its equity research team in a newly-created position.
UK households have not stopped saving to go on a debt-fuelled consumer spending spree, according to research from Royal London, despite official figures revealing the savings ratio is at a record-low.
The government has announced it will press ahead with "tough" measures to protect pension savers as figures reveal almost £5m was lost to scammers between January and May this year.