British Airways' (BA) scheme trustees turned on their advisers and put pressure on them to change their advice, the High Court has heard.
Trustees of a British Airways (BA) pension scheme have been described as "inflexible" after being accused of deliberately ignoring advice about the future of the scheme.
Trustees of the British Airways pension schemes have been accused of trying to grant "gratuitous" and "unearned" benefits to scheme members in opening statements of a landmark trial.
Sterling rose 0.5% in morning trading, after it was revealed UK inflation climbed to 1% in September, a 22-month high, surpassing economists' expectations and forecasts from the Bank of England's August Inflation Report.
Over 9 in 10 small businesses support a call for the government to introduce a statutory override for scheme indexation, a survey has found.
Solutions for rising DB deficits are being sought from a wide range of bodies, including the Work and Pensions Committee. James Phillips explores some of the suggestions
The Pensions Regulator (TPR) needs a more preventative and flexible approach to protect the Pension Protection Fund (PPF), the Work and Pensions Committee (WPC) has been told.
Deficits could be reduced by hundreds of billions of pounds if schemes were able to move away from the Retail Prices Index (RPI).
Floor coverings manufacturer AIREA has cut its defined benefit (DB) scheme deficit after completing a pension increase exchange (PIE) exercise.
Allowing struggling defined benefit (DB) schemes to temporarily stop paying pension increases could help them get back on track while avoiding huge cuts to members' pensions.