Airways Pension Scheme

British Airways (BA) will not have to pay a £12m discretionary benefit its trustees had unilaterally granted, the Court of Appeal has ruled.

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.

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

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.

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