UK - British Telecom could be forced to raise its prices in an effort to close an estimated £5.9bn deficit in its £26.6bn scheme.
A source close to BT warned that prices will have to rise for it to be able to meet the shortfall. The source said: “It is commonsense; if companies have to meet their pension scheme expenses, t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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