The Airways Pension Scheme (APS) trustees were "entirely reasonable" when including £55m annual recovery payments and a £250m contingent payment in their discretionary increase framework, their lawyer has said.
Concluding APS' closing statement on 8 December in the High Court, Keith Rowley QC said the trustees could take the money into account according to their actuarial advice. The comment was made on the...
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