Pensions - Articles - British Airways appeal decision to grant DB pension increase


Leading pensions lawyer Rosalind Connor, partner at ARC Pensions Law comments on the news that British Airways intends to appeal the High Court decision that allowed trustees of one of its defined benefit schemes to grant a 0.2% increase to pensioners, .

 "In one sense, the move by BA to appeal this decision is very understandable – they are saddled with a scheme where the trustees alone can amend the rules, and the present judgment gives them very limited ability to challenge this, which could give rise to much larger increases to benefits.

 On the other hand, the decision at first instance was quite emphatic, and the judge did comment that the trial was “lengthy and expensive”, obviously with some disapproval that all this time had been taken – BA risks more of the same commentary at the Court of Appeal."
  

Back to Index


Similar News to this Story

Survey reveals divided confidence over VFM consultation
Sackers have announced the results of a recent webinar survey examining industry views on the proposed new Value for Money (VFM) framework for workpla
Partial reforms risk leaving millions with weaker protection
People’s Partnership has called for the FCA proposals (CP25/39) to apply to the whole defined contribution market, warning that partial reforms risks
£70bn pension risk transfer market forecast in 2026
The UK’s pension risk transfer market is poised for growth in 2026, with activity expected to surpass 2025 as larger schemes undertake more de-risking

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.