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.
Trustees of the Airways Pension Scheme (APS) had a unilateral power to amend the scheme rules, their lawyer has said.
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.
Trustees of the British Airways pension schemes have been accused of trying to grant "gratuitous" and "unearned" benefits to scheme members in opening statements of a landmark trial.
A pensioner who was overpaid by his scheme must repay the excess benefits from six years prior to a complaint to The Pensions Ombudsman (TPO), the High Court has ruled.
Savers will not be forced to fork out their retirement savings to pay outstanding debts if they have to declare bankruptcy, the Court of Appeal has ruled.
The Pensions Ombudsman will participate in more appeals where there is a wider public interest, but how far will the service go? James Phillips reports
CH2M has warned criticism from the Halcrow Pensioners Association (HPA) over its rescue plan for the Halcrow scheme goes against the best interests of members.
Proposed plans to curb Halcrow Pension Scheme (HPS) benefits have been called into question by the Halcrow Pensioners Association (HPA).
CH2M has announced proposed plans to curb benefits for the 3,300 members of the beleaguered Halcrow Pension Scheme (HPS).