BT
Five stories you may have missed this week
This week's top stories were the seven-year ban a company director received for pension negligence, and the launch of the Pensions Administration Standards Association's defined benefit transfer guidance.
BT blocked from third attempt to swap pensions index
BT will not be able to swap the index used to uprate part of its pension scheme after the Supreme Court denied permission to appeal, closing all legal avenues.
Five stories you may have missed this week
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
Over 50% of FTSE 100 schemes report 'significant' deficit contributions totalling £14.8bn
Some 53 FTSE 100 sponsors made "significant" deficit recovery contributions (DRCs) to their defined benefit (DB) schemes over the year to 31 March 2018, according to JLT Employee Benefits.
Morten Nilsson appointed chief executive of BT scheme's management firm
The BT Pension Scheme (BTPS) has appointed Now Pensions founder Morten Nilsson as chief executive of its investment management and advisory arm.
Hammond open to RPI reform but up to 'ONS to initiate'
Chancellor Philip Hammond has said he would be happy to hear about reforming the retail prices index (RPI) as long as the Office of National Statistics (ONS) initiates discussions.
WSB Awards 2018 - The Winners
Here they are - the winners of the Workplace Savings and Benefits Awards 2018...
BT pension deficit plummets £1.8bn despite actuary's £500m 'error'
BT has slashed its pension liabilities by £1.8bn in three months through deficit recovery contributions (DRCs) and a change to the scheme's discount rate.
Two UK delegates join refreshed EIOPA pensions stakeholder group
The European Insurance and Occupational Pensions Authority (EIOPA) has appointed Sue Lewis and Olav Jones to its next pensions stakeholder group.
Five stories you may have missed last week
Last week's top stories included ITM completing a management buyout backed by private equity, and the regulator publishing its corporate plan for the next three years.
BT to inject £12bn over a decade to plug DB deficit
BT and the trustee of its pension scheme have agreed to contributions totalling £12.3bn over 13 years to plug its actuarial funding deficit.
BT Pension Scheme sells majority stake in Hermes
The BT Pension Scheme (BTPS) is to sell two-thirds of its interest in Hermes Fund Managers, the investment company it founded 35 years ago, to American asset manager Federated Investors for £246m.
BT and CWU agree to new 'hybrid' pension scheme
The closure of the BT Pension Scheme (BTPS) to future accrual means 20,000 active members will move to an 'enhanced' defined contribution (DC) scheme, after the company reached a deal with the union.
BT pension compromise with CWU possible by end of next week
BT and the Communication Workers Union (CWU) are said to be close to a deal over the closure of the telecoms company's defined benefit (DB) scheme.
The court cases to watch in 2018
A number of pension issues will be battled out in the courts over the course of this year. James Phillips rounds up the cases to watch out for and the potential consequences for the industry
Five stories you may have missed this week
This week's top stories include The Pensions Regulator fining a Now Pensions trustee £70,000, and BT appealing a court ruling over its RPI to CPI indexation swap.
Scottish Widows completes £1.3bn longevity reinsurance deal with Prudential Financial
Scottish Widows has reinsured the longevity risk for around £1.3bn of its bulk annuity liabilities with The Prudential Insurance Company of America (PICA).
BT to challenge high court ruling over RPI to CPI indexation swap
BT will appeal last month's High Court ruling which barred it from swapping the inflation indexation used for one section of the BT Pension Scheme (BTPS).
Five stories you may have missed this week
This week's top stories included the government suggesting it may review the order of creditors in an insolvency event, and Barclays defending plans to move responsibility for its DB scheme to its investment banking arm.
BT blocked from indexation swap
BT has been barred from swapping the indexation of the third section of the BT Pension Scheme (BTPS).
BT managers approve pensions deal
BT members of the Prospect union have voted to approve a controversial pension restructure ahead of the defined benefit (DB) scheme's closure in April.
Was Port Talbot the tipping point for pension freedoms?
Henry Tapper says as the initial euphoria of 'never having to buy an annuity again' wears off, the prospect of freedoms becomes less appealing
Five stories you may have missed this week
This week's top stories included 2020 Trustees being fined for failing to produce two chair's statements.
BT to consult on DB future 'shortly' as deficit expected to double
BT will launch a consultation with members over the future of its defined benefit (DB) scheme "shortly", potentially including plans to close the plan to future accrual.
