
BA Pensions suspends transfer values for all active members

An increased volume of enquiries has led British Airways (BA) Pensions to temporarily suspend transfer values for active members.
The decision, which applies to both the New Airways Pension Scheme (NAPS) and Airways Pension Scheme (APS), is to "protect the service levels" BA Pensions provides to members while it consults on the proposed...
Latest stories
LDI indices launched to 'improve governance and transparency'
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
What is the purpose of a pension scheme?
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
BoE's Carney: May rate hike not a done deal
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
We have used 25% lump sum wisely, say four in five freedoms users
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.