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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Disorderly net-zero transition will have 'severe' impact on scheme returns

Disorderly net-zero transition will have 'severe' impact on scheme returns

Ortec Finance says physical risks could ‘slash returns’ in UK pension fund portfolios

Holly Roach
clock 12 December 2024 • 1 min read
What will next year entail for pensions?

What will next year entail for pensions?

PP survey finds industry expects regulation, run-on, dashboards, GMP and governance challenges

Jasmine Urquhart
clock 12 December 2024 • 3 min read
Schemes keen for BPA insurers to offer improved communications, Aon finds

Schemes keen for BPA insurers to offer improved communications, Aon finds

Firm says trend for bulk annuity insurers to offer improved comms will continue into 2025

Holly Roach
clock 11 December 2024 • 2 min read
Trustpilot