BA

PP Online counts down the top 20 news stories of the year.

This week the High Court heard the BA trustees' actions led to corrosion of role and responsibility, while the industry welcomed plans to crack down on fraudulent transfers.

Trustees of the Airways Pension Scheme (APS) could have awarded a discretionary increase without amending the scheme rules, their lawyer has told the High Court.

Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.

British Airways (BA) took advantage of "accidental" drafting of the rules surrounding a £250m contingent payment in a bid to block discretionary increases for the Airways Pension Scheme (APS), a trustee has told the High Court.

The Airways Pension Scheme (APS) actuary has defended his advice to trustees that awarding a discretionary increase to members would be a "reasonable and prudent" thing to do.

Airways Pension Scheme (APS) trustees used the threat of discretionary increases to try to get British Airways (BA) to maintain a funding schedule and recovery plan based on the Retail Price Index (RPI), the High Court has heard.

Airways Pension Scheme (APS) members were sometimes hostile and intimidating towards trustees and advisers over pension increases, the scheme actuary has recalled during a landmark High Court case.

Granting discretionary increases was not necessarily precluded by the scheme being in deficit, the Airways Pension Scheme (APS) actuary has said in the landmark High Court case.

Company adviser modelling of the Airways Pension Scheme (APS) funding position would have allowed for discretionary increases if adopted, British Airways (BA) has admitted.