BT Pension Scheme
BT Pension Scheme appoints three trustees
The BT Pension Scheme (BTPS) has announced the appointment of three new trustees to its board.
Interview: How the BT Pension Scheme is focussing on quality service
BT Pension Scheme Management's chief executive Morten Nilsson speaks to Jonathan Stapleton about his scheme's focus on member experience.
The five lessons of AE: Nest report details UK pension reform journey
Former ministers and policymakers reveal how AE was developed in new research project from Nest Insight and the University of Bath. Nick Reeve reports.
BT Pension Scheme awards $1bn private equity mandate to Hermes GPE
The BT Pension Scheme (BSPS) has awarded a $1bn (£777bn) private equity mandate to Hermes GPE, to invest globally.
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.
PRI toughens up climate risk reporting for UK schemes
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
BT loses second bid at indexation swap
BT has lost a Court of Appeal attempt to swap one section of its defined benefit (DB) pension schemes from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI).
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.
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.
BT Pension Scheme completes £260m sale of stake in Hermes
US-based Federated Investors has completed its acquisition of a 60% interest in Hermes Investment Management from the BT Pension Scheme (BTPS).
USS and BTPS to pay Thames Water leakage penalty
Universities Superannuation Scheme (USS) and the BT Pension Scheme (BTPS) will be asked to pick up the tab for some of the £120m penalty levied on Thames Water.
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 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.
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.
EXCLUSIVE: BT Pension Scheme to bring admin back in-house; Accenture partnership ended early
The £49bn, 300,000-member BT Pension Scheme (BTPS) is to bring its administration back in-house after agreeing to end its third-party contract with Accenture three years into an eight year contract.
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.
Union brands BT pension overhaul plans 'slap in the face' as consultation begins
The Communication Workers Union (CWU) has said it will urge its members to reject BT's proposals for its pension funds, which includes closing the defined benefit (DB) scheme.
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.
BT looks to High Court for indexation swap ruling
BT is seeking to switch indexation for the final section of its scheme in order to stem a ballooning deficit.
BT mulls DB closure after deficit hits £8.6bn
BT may close its defined benefit (DB) scheme to future accrual in a bid to stem its ballooning deficit, according to reports.
BT considers offering trustees contingent asset deal
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
UK private sector pension fund consolidation: Lessons from abroad
Paul Traynor says UK schemes can learn a lot from the overseas experience of scheme consolidation
