What is the purpose of a pension scheme?

James Phillips
clock • 4 min read

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

Defined benefit (DB) pension schemes often have a power of amendment vested in the trustees, the employer, or both, allowing them to revise the rules and amend future benefit entitlements. But i...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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