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...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.