A victory for trustees in a landmark High Court battle would result in employers being scared to agree to recovery plans, the lawyer for British Airways (BA) has argued.
Concluding BA's statements on 9 December, Michael Tennet QC said a ruling in favour of the Airways Pension Scheme (APS) trustees would have wide-ranging consequences for the pensions industry. The comments...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.