BA trustees: Leading counsel called increase amendment an 'elegant solution'

James Phillips
clock • 3 min read

Amending scheme rules to allow for discretionary increases provided an "elegant solution" to the indexation debate, according to the Airways Pension Scheme's (APS) leading counsel.

The description was recalled by the lawyer representing the trustee board during its opening statement in a landmark High Court case, where British Airways (BA) is contesting a 0.2% increase awarde...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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