British Airways (BA) has reimbursed the trustees of its Airways Pension Scheme (APS) for nearly £12m in litigation costs over the last two years.
The airline giant paid out £6.3m to cover the trustees' legal costs in the 2015/16 year, and a further £5.5m in the 2016/17 year, according to the fund's annual financial statement. The figure is likely...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.