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

TPR publish first AFS under the new DB funding code
TPR’s first AFS published under the new DB funding code sets expectations for focus on endgame planning. The Pensions Regulator (TPR) expects most sch
Comments on The Pensions Regulators annual funding statement
Initial Comments on The Pensions Regulators Annual Funding statement from Standard Life, PMI, ACA, Broadstone and XPS Group
Further responses to TPRs AFS publication
Hymans Robertson, Barnett Waddingham and The Society Pension professionals of comment on The Pension Regulator’s 2025 annual funding statement publish

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.