Trustees would have limited role in scheme governance if their duties simply include applying the employers' remuneration strategy and always seeking consent for other changes, the Court of Appeal has been told.
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.
British Airways and one of its schemes' trustees are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
British Airways (BA) has opened a 'flexible' defined contribution (DC) scheme, offering a range of contribution rates and the ability to take cash payments in lieu of a pension.
Breaking the closed-loop thinking in pensions is possible if we can change our collective mind-set, according to David Blake and Matthew Syed
A number of pension issues will be battled out in the courts over the course of this year. James Phillips rounds up the cases to watch out for and the potential consequences for the industry
This week's top stories included calls for a national pensions debate to discuss investment strategies, and Xafinity's plans to acquire some Punter Southall businesses.
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.
An increased volume of enquiries has led British Airways (BA) Pensions to temporarily suspend transfer values for active members.
British Airways (BA) has reimbursed the trustees of its Airways Pension Scheme (APS) for nearly £12m in litigation costs over the last two years.
British Airways (BA) has proposed a 'flexible' company-wide scheme as it continues to consult on closing its defined benefit (DB) New Airways Pension Scheme (NAPS).
British Airways (BA) will launch a consultation with members of its New Airways Pension Scheme (NAPS) on plans to close the scheme to future accrual.
James Phillips explores what the win for the trustees in the British Airways trial means for other pension schemes.
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
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.
British Airways (BA) has lost a landmark trial to block its pension trustees' decision to award a discretionary increase in 2013.
James Phillips explores how the upcoming judgement in the multi-stranded British Airways case could impact the sector
The aggregate deficit of British Airways' (BA) pension schemes has climbed 94% since the end of June, despite one scheme increasing its surplus.
Pension schemes have been forced to rethink and reshape by the courts over the last 20 years. James Phillips looks back at the most impactful cases
2016 was a big year for pensions in the courts, but the coming months already have a number of potentially game-changing cases lined up. James Phillips explores the cases to watch
In the fourth and final part of our pensions timeline PP Online looks at what happened in pensions between October and December.
This week's biggest stories included coverage of the final day of the landmark British Airways case in the High Court, PP's definitive list of the top pension schemes in the UK, and the government revealing details on its 2017 auto-enrolment review.
This year has been a tumultuous one for pensions but Helen Morrissey believes we need to take the time to learn lessons from what has happened.
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.