BIC scheme to recoup £5m from members after pre-97 increases annulled

James Phillips
clock • 4 min read

Nearly 30 years after an initial decision to grant increases to members, the Court of Appeal has invalidated the decision, reducing members' benefits. James Phillips reports

Trustees of the BIC UK Pension Scheme did not follow proper process when granting increases to members' benefits between 1992 and 1997, the Court of Appeal has ruled. The court rejected the meth...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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