Fears over an increase in BT Pension Scheme's liability eased in early trading today sending BT share price up to 173p from the close of 167p yesterday.
Concerns over a £3.2bn increase in BT Group's pension scheme deficit, equivalent to 40p a share, had sent investors scurrying away from BT shares, sending the price down 1.2% to 167 at the close. ...
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
