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British Airways defers £450m in contributions
The deferral will be backed by security granted by BA over specified property assets
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British Airways accelerates pension funding recovery measures
Company to pay an extra £150m in annual fixed contributions until 2023
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British Airways settles six-year dispute with pension fund
Airways Pension Scheme trustees can reintroduce discretionary benefit increases after funding position improves
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British Airways pension scheme strikes UK’s biggest buy-in with L&G
£4.4bn deal to cover some 60% of airline’s pensioner liabilities
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British Airways to consult on defined benefit scheme closure
Company contributions have failed to stem growth in deficit
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British Airways wins court appeal over discretionary pension increase
Trustees of Airways Pension Scheme granted leave to appeal to Supreme Court over dispute dating from 2013
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Fiduciary managers evolve capabilities to meet changing needs of UK DB schemes
While more large schemes are now adopting fiduciary management, the market remains dominated by smaller schemes, says IC Select survey
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British Airways to shut £16bn fund, roll out new DC scheme
New DC fund to replace existing DC offering with company contributing up to 11%
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UK roundup: TPR intervention, BHS report, British Airways [updated]
Parliamentary committee releases responses to report on collapsed retailer BHS
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British Airways sacks pension fund chairman over investment dispute
De-risking strategy sparks disagreement between Paul Spencer, British Airways management
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British Airways sues trustees over additional indexation offer
Trustees of £7bn Airways Pension Scheme attempt to offer further indexation after increasing benefits in line with the consumer prices index
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UK roundup: HSBC, NEST, British Airways
HSBC is to launch a workplace pension scheme targeting small and medium enterprises.
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UK roundup: DCLG, LGPS, PPF, BNY Mellon, British Airways
UK – UK department consults on exclusion of elected officials from LGPS.
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Switch to CPI could save British Airways scheme £900m
UK – British Airways could slice around £900m off the deficit in one of its defined benefit (DB) pension schemes by switching increases to pensions in payment from the retail price index (RPI) to the consumer price index (CPI).
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UK roundup: British Airways, TPR on PAYE, Greggs, PPF
Two BA trustees who resigned in protest over CPI switch are re-elected to board.
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British Airways reaches deficit agreement with pension schemes
UK – British Airways (BA) has hammered out a recovery plan with its two pension schemes ahead of the airline's expected merger with Spanish carrier Iberia.
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UK roundup: British Airways, USS, Stewardship Code, Mercer, Scottish Widows
UK – British Airways (BA) and Iberia have moved one step closer to a merger, after the Spanish airline's board of directors said it was satisfied with the recovery plan worked out between BA and its pension fund trustees.
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British Airways pension fund sells property
UK – A British Airways pension fund has sold a retail property in Stoke, central England, for £14.3m (€21.3m), according to a release.
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British Airways’ deficit reaches €3.1bn
UK - The actuarial deficit in British Airways New Airways Pension Scheme (NAPS) is set to rise to £2.1bn (€3.1bn) from £928m, the airline said.