BT blocked from indexation swap

James Phillips
clock • 2 min read

BT has been barred from swapping the indexation of the third section of the BT Pension Scheme (BTPS).

In a judgment handed down today, the High Court said trustees could not swap section ‘C' in the defined benefit scheme from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI). The ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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