British Airways (BA) took advantage of "accidental" drafting of the rules surrounding a £250m contingent payment in a bid to block discretionary increases for the Airways Pension Scheme (APS), a trustee has told the High Court.
Employer-nominated trustee (ENT) Alan Buchanan said payment of the £250m - promised to APS in the 2009 triennial valuation negotiations - required both APS and New Airways Pension Scheme (NAPS) to formally...
M&G Prudential has announced plans to terminate its contract with Capita for the administration of its UK life and assurance business.
The Fraud Compensation Fund (FCF) levy will unfairly hit auto-enrolment (AE) savers under government proposals, The People's Pension has warned.
Up £2,000 from final 2016 figure
While acknowledging the 24/7 nature of trustee responsibility, Alan Pickering argues that formal trustee meetings are as important as ever