NEWS   |    April 12, 2017

Rosalind Connor comments on the upcoming BA judgement

Towards the end of 2016, a three-year argument between British Airways and the trustees of one of its pension schemes erupted into a mammoth seven-week court battle.

The case retired in December, with a few further written arguments made in January and the judgement is expected imminently. The judge’s comments could be narrow or quite wide but, either way, they will likely have ramifications for the pensions industry.

Issues include the role of the trustees and whether they can make decisions in advance of having all the facts about a particular issue.
Rosalind Connor commented that a judgment on this point would be very helpful, helping the industry to understand what constitutes a proper decision by trustees that can be relied upon.

“If you’ve made a decision while standing to be an MNT, presumably before you’re in possession of all the facts, are you making an improper decision?” she asked. “When is it that we can know someone has made an improper decision? All of us in the industry would love to hear where the courts are on that.”

Read the full article in Professional Pensions here.

The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.

Related News