BT Pension Scheme

Paul Spencer, who chairs the trustee board of the BT pension scheme, is to relinquish his role as chairman of the Hermes Investment Management board later this year.

BT Pension Scheme (BTPS) has pulled its inflation-linked bond mandate from Hermes Investment Management, cutting assets under management (AUM) at the business - which it still owns - by more than a quarter.

Schemes should focus on increasing contributions rather than squeezing costs if they want to improve member outcomes, according to BT's head of pensions.

PP talks to Amy Kessler about the booming longevity risk market

BT Pension Scheme has almost doubled its exposure to private equity through Hermes Gartmore Private Equity (GPE).

The £40bn, 300,000-member BT Pension Scheme has signed a third-party administration deal with Accenture - extending its relationship by eight years.

The government must integrate the regulation of energy, pensions and insurance markets to help investors avoid catastrophic climate change, warns a trustee.

The size of BT's defined benefit pension deficit helped save the telecoms giant from being acquired, according to chief financial officer Tony Chanmugam.

PP looks at the range of options for locking down longevity risk

BT will pay £1.5bn into its defined benefit (DB) pension scheme by April to tackle a £7bn deficit as part of an agreed recovery plan with the trustees.