BT IS set to inject up to £2.8bn into its scheme after reaching agreement with trustees on the triennial funding valuation of the BT Pension Scheme.
The telecoms firm also announced that it had implemented a more conservative actuarial methodology – a move that meant that the scheme had moved from having a surplus to having a deficit of £3.4bn....
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
