BBC Pension Scheme
Risk Reduction
The BBC Pension Scheme has completed a £3bn longevity swap deal with Zurich and Canada Life Reinsurance, covering the risk of pensioner and dependent members.
15 December 2020
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2 min read
Appointments
Catherine Claydon has been appointed as independent trustee at the £16bn BBC Pension Scheme, and is expected to replace chair Bill Matthews when he steps down in December after seven years.
19 June 2018
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1 min read
Law and Regulation
Two Court of Appeal judgments have allowed schemes to introduce a pensionable pay cap. James Phillips explains the reasons why and what to be aware of
16 August 2017
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8 min read
Law and Regulation
The BBC has won a landmark pensions case in the Court of Appeal, allowing the broadcaster to impose a cap on increases in pensionable pay.
28 July 2017
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3 min read
Defined Benefit
The BBC has launched an audit of its pension scheme after complaints about confusing guidance on its website.
25 April 2016
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1 min read
Law and Regulation
The High Court has dismissed an appeal brought against the BBC after it limited the amount of pensionable pay on salary increases to 1% per year in a bid to plugs its scheme deficit.
27 May 2015
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Defined Benefit
The National Union of Journalists (NUJ) will appeal the Pensions Ombudsman's (PO) decision that the BBC did not breach its implied duty when putting in place an annual pensionable pay cap of 1%.
27 February 2014
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Defined Benefit
MP Rob Wilson has written to BBC Trust chairman Lord Patten demanding an explanation for the broadcaster's £2bn pension scheme deficit and questioning the stewardship of the scheme trustees.
16 January 2014
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Defined Benefit
The BBC Pension Scheme trustees have negotiated an extra £365m employer contribution to tackle the fund's £2bn deficit.
14 January 2014
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Law and Regulation
The Pensions Ombudsman (PO) has ruled that the BBC Pension Scheme's 1% cap on future pensionable salary increases was not a breach of duty.
10 January 2014
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