BT Group gross IAS 19 pension deficit increases by £1.7bn

Full-year results show deficit increased from £3.1bn to £4.8bn as at 31 March 2024

Martin Richmond
clock • 1 min read
BT Group gross IAS 19 pension deficit increases by £1.7bn

BT Group’s gross IAS 19 pension deficit rose by £1.7bn during the last financial year, its full-year results have revealed.

The group's results for the full year to 31 March 2024, published today (16 May) on the London Stock Exchange, showed its gross IAS 19 pension deficit increased to £4.8bn, from £3.1bn as at 31 Marc...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Howden completes acquisition of the employee benefits arm of Evelyn Partners

Howden completes acquisition of the employee benefits arm of Evelyn Partners

Deal follows Howden’s acquisition of Barnett Waddingham last year

Isabel Baxter
clock 01 April 2026 • 1 min read
M&G completes illiquid asset transfer to secure £60m BPA deal

M&G completes illiquid asset transfer to secure £60m BPA deal

Transaction with unnamed scheme secures the benefits of over 750 members

Holly Roach
clock 01 April 2026 • 2 min read
Just Group to close Reigate HQ following Brookfield takeover

Just Group to close Reigate HQ following Brookfield takeover

Relocation plans come as Brookfield deal to buy insurer formally completes

Isabel Baxter
clock 01 April 2026 • 2 min read
Trustpilot