The aggregate deficit of British Airways' (BA) pension schemes has climbed 94% since the end of June, despite one scheme increasing its surplus.
Across the Airways Pension Scheme (APS) and the New Airways Pension Scheme (NAPS), the combined deficit stood at €989m (£837m) on an IAS19 accounting basis as of 31 December. This is compared to €508m...
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.