Bar set high for challenges to pension trustee decisions (British Airways v Airways Pension Scheme Trustee)

Published on: 23 May 2017

Published by: LexisPSL

Bar set high for challenges to pension trustee decisions (British Airways v Airways Pension Scheme Trustee)
Original news
What was the case about?
What did the High Court decide and why?
Exercise of amendment power to introduce discretionary increase power
Decision to exercise power to grant discretionary pension increase
Decision-making in relation to the discretionary increase power
What are the implications of the judgment?
Case details

Article summary

Pensions analysis: The High Court has ruled that the decisions of the trustees of the Airways Pension Scheme to amend the Scheme to introduce a power for the trustees to grant discretionary pension increases and subsequently to exercise that power were valid and effective. The LexisPSL Pensions team take a look at the court’s judgment, which demonstrates that if pension scheme trustees take advice, follow a proper decision-making process and carefully document their decisions, it will be difficult for sponsoring employers or members to challenge those decisions in the courts. Sign in or take a trial to read the full analysis.