The Airways Pension Scheme (APS) trustees' decision to grant a discretionary increase would have very little effect on the security of members' benefits, an expert actuary has argued in the High Court.
Giving independent evidence on behalf of British Airways (BA), Punter Southall co-founder Jonathan Punter said the £12m cost of the proposed increase would have "minimal" effect on the security of member...
Over half of pension professionals believe the 'gilts plus' valuation method is unhelpful in the current economic environment, according to Aon Hewitt research.
The Pensions Regulator (TPR) should be investigated by a Royal Commission, according to a response to the government's green paper on defined benefit (DB) schemes.
The College of Law Pension and Assurance Scheme has completed its fourth buy-in for £28m worth of liabilities with Aviva, as it moves closer to full buyout.
The Pensions Management Institute (PMI) has appointed Ruth Palmer as learning director where she will review its qualifications suite and develop its education strategy.