Airways Pension Scheme (APS) trustees should have updated the scheme trust deed and rules when British Airways (BA) was privatised in 1987, a trustee has told the High Court.
Member-nominated trustee (MNT) Stephen Mallett said, during the transition from public to private ownership, APS rules were not amended to better reflect the new arrangements. The comments were made...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.