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      event logo
      Investment Conference

      This two part Investment Conference will bring you the latest updates from economists, asset managers and pension consultants. We will be taking a look at the outlook for the 2021 economy, alternatives, cashflow strategies and global equity markets to name a few, assessing how they fared through the volatility and what we can expect for the year ahead.

      • Date: 29 Jan 2021
      • Digital Conference
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      Webinar: What to put on your GMP Equalisation project roadmap for 2021

      This webinar will bring together views from actuaries, lawyers, administrators, trustees and data experts to look at the pragmatic, collaborative solutions that are open to schemes to solve the GMP equalisation challenges in 2021. It will assess the individual challenges schemes face with equalisations and provide some practical options that are available to resolve these issues.

      • Date: 02 Feb 2021
      • Webinar
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      Webinar: Will the world return to normal in 2021?

      In this webinar, PP editor Jonathan Stapleton will be joined by BMO’s chief economist Steven Bell and director of fiduciary management, Christy Jesudasan, alongside PTL trustee director Melanie Cusack and Isio’s head of fiduciary management oversight Paula Champion to discuss the significant impact of these themes on the pensions sector.

      • Date: 04 Feb 2021
      • Webinar
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      Webinar: Investing for the transition to net-zero

      Pension schemes are now facing increasing government, regulatory, and member demand to manage the financial risks associated with the anthropogenic consequences of the environmental crisis. But how best to manage this transition to net-zero? And, in the rush to invest in carbon friendly assets, are investors potentially missing out on potential returns generated by the transition theme, investing in assets that may not be carbon neutral but have the potential to significantly improve their environmental credentials over time. This webinar will discuss at the transition theme, look at the opportunity set available and ask how this can help schemes achieve superior returns while moving towards a net-zero portfolio.

      • Date: 11 Feb 2021
      • Webinar
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  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

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BA

Fraser Smart: Seeking a nirvana for BA pension members
Fraser Smart: Seeking a nirvana for BA pension members

Technology is at the heart of BA Pensions’ drive to help members and it wants to share that with others. James Phillips speaks to BA Pensions chief executive Fraser Smart.

  • Defined Benefit
  • 17 April 2020
High Court approves BA deal with Airways Pension Scheme trustees
High Court approves BA deal with Airways Pension Scheme trustees

Justice Antony Zacaroli has approved the settlement deal between British Airways (BA) and the trustees of the Airways Pension Scheme (APS).

  • Defined Benefit
  • 12 November 2019
BA awaits court blessing on settlement for six-year dispute
BA awaits court blessing on settlement for six-year dispute

The High Court must bless a settlement between British Airways (BA) and the trustees of the Airways Pension Scheme (APS) to achieve certainty and bring to an end the acrimonious six-year dispute, it has been told.

  • Law and Regulation
  • 01 November 2019
New Airways Pension Scheme to reach full funding four years early
New Airways Pension Scheme to reach full funding four years early

British Airways (BA) has pledged an extra £150m in annual deficit recovery contributions (DRCs) to the New Airways Pension Scheme (NAPS) over the next four years.

  • Defined Benefit
  • 28 October 2019
Exclusive: Michelle McGregor Smith to retire from BA pensions
Exclusive: Michelle McGregor Smith to retire from BA pensions

Michelle McGregor Smith has announced her intention to retire from British Airways Pensions Investment Management (BAPIM) after over three decades working with the schemes.

  • Appointments
  • 12 July 2019
Five stories you may have missed this week
Five stories you may have missed this week

This week's top stories included British Airways agreeing a settlement with the trustees of one of its schemes nearly six years after litigation was initiated.

  • Industry
  • 12 April 2019
British Airways agrees settlement with APS trustees in long-running dispute over increases
British Airways agrees settlement with APS trustees in long-running dispute over increases

Members of the Airways Pension Scheme (APS) are set to receive boosts to their pensions after long-running litigation between the scheme's trustees and British Airways (BA) has ended.

  • Law and Regulation
  • 09 April 2019
The pension court cases to watch in 2019
The pension court cases to watch in 2019

A groundhog year kicks off as many of 2018's biggest court cases return on appeal. James Phillips rounds up what trustees should keep an eye on.

  • Law and Regulation
  • 05 March 2019
Five stories you may have missed this week
Five stories you may have missed this week

This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.

  • Industry
  • 18 January 2019
BA trustees granted extra £1m for appeal as costs exceed discretionary increase
BA trustees granted extra £1m for appeal as costs exceed discretionary increase

Trustees of the Airways Pension Scheme (APS) have been granted permission to use more than £1m of scheme assets to fund an appeal over discretionary increases.

  • Law and Regulation
  • 15 January 2019
Five stories you may have missed this week
Five stories you may have missed this week

This week's top story was British Airways' Airways Pension Scheme completing a £4.4bn buy-in with Legal & General, the market's largest ever single transaction, making 2018 a record year for bulk annuities.

  • Industry
  • 14 September 2018
APS trustees to take discretionary increase battle to Supreme Court
APS trustees to take discretionary increase battle to Supreme Court

Trustees of the Airways Pension Scheme (APS) have confirmed they will appeal to the Supreme Court over a recent Court of Appeal judgment striking down their ability to award discretionary increases.

  • Law and Regulation
  • 13 September 2018
BA judgment creates uncertainty over extent of trustee powers
BA judgment creates uncertainty over extent of trustee powers

Stephen Richards says the 'paymasters' principle is likely to be scrutinised closely in light of British Airways' landmark win in the Court of Appeal.

  • Law and Regulation
  • 09 July 2018
BA hearing - Day 1: Airways trustees put in 'invidious position of paymaster'
BA hearing - Day 1: Airways trustees put in 'invidious position of paymaster'

Concluding that the purpose of a pension scheme is not simply to apply the employer's preferred remuneration strategy would result in trustees becoming "paymaster", the Court of Appeal has been told.

  • Law and Regulation
  • 02 May 2018
British Airways to close New Airways Pension Scheme to future accrual
British Airways to close New Airways Pension Scheme to future accrual

British Airways is set to close the New Airways Pension Scheme to future accrual and launch a flexible benefits scheme incorporating a new defined contribution pension scheme.

  • Defined Benefit
  • 08 December 2017
BA to appeal High Court ruling on discretionary increase
BA to appeal High Court ruling on discretionary increase

British Airways (BA) will appeal a High Court decision which allowed trustees of one of its defined benefit (DB) schemes to grant a 0.2% increase to pensioners.

  • Law and Regulation
  • 25 May 2017
British Airways loses High Court battle over discretionary increase
British Airways loses High Court battle over discretionary increase

British Airways (BA) has lost a landmark trial to block its pension trustees' decision to award a discretionary increase in 2013.

  • Law and Regulation
  • 19 May 2017
BA pension deficit nearly doubles in six months
BA pension deficit nearly doubles in six months

The aggregate deficit of British Airways' (BA) pension schemes has climbed 94% since the end of June, despite one scheme increasing its surplus.

  • Defined Benefit
  • 24 February 2017
What were the top pension news stories of 2016?
What were the top pension news stories of 2016?

PP Online counts down the top 20 news stories of the year.

  • Industry
  • 22 December 2016
What were the biggest stories in pensions this week?
What were the biggest stories in pensions this week?

This week the High Court heard the BA trustees' actions led to corrosion of role and responsibility, while the industry welcomed plans to crack down on fraudulent transfers.

  • Industry
  • 09 December 2016
BA case: Trustees did not need a specific power to award increases
BA case: Trustees did not need a specific power to award increases

Trustees of the Airways Pension Scheme (APS) could have awarded a discretionary increase without amending the scheme rules, their lawyer has told the High Court.

  • Law and Regulation
  • 08 December 2016
BA: Trustees' actions led to 'corrosion' of role and responsibilities
BA: Trustees' actions led to 'corrosion' of role and responsibilities

Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.

  • Law and Regulation
  • 07 December 2016
BA case: Company used £250m contingent payment to divide schemes, trustee says
BA case: Company used £250m contingent payment to divide schemes, trustee says

British Airways (BA) took advantage of "accidental" drafting of the rules surrounding a £250m contingent payment in a bid to block discretionary increases for the Airways Pension Scheme (APS), a trustee has told the High Court.

  • Law and Regulation
  • 30 November 2016
BA case: APS actuary defends advice that an increase was 'reasonable and prudent'
BA case: APS actuary defends advice that an increase was 'reasonable and prudent'

The Airways Pension Scheme (APS) actuary has defended his advice to trustees that awarding a discretionary increase to members would be a "reasonable and prudent" thing to do.

  • Law and Regulation
  • 16 November 2016
123

Most read

L&G agrees £400m deal with own scheme
L&G agrees £400m deal with own scheme
Mark Stocker dies following cancer battle
Mark Stocker dies following cancer battle
PLSA unveils six policy board appointments
PLSA unveils six policy board appointments
Boohoo acquisition of Debenhams leaves schemes with PPF
Boohoo acquisition of Debenhams leaves schemes with PPF
Think tank floats Aviva-backed lower income-focused retirement target framework
Think tank floats Aviva-backed lower income-focused retirement target framework
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