BTPS

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.

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).

Eileen Haughey will be stepping down as chief executive officer (CEO) of the BT Pension Scheme (BTPS) once its 2017 actuarial valuation has been finalized.

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

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.

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 is seeking to switch indexation for the final section of its scheme in order to stem a ballooning deficit.

A report commissioned by Sky sets out ways to separate Openreach from BT Group without putting pension scheme members at risk, following the telecoms giant's warnings.

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.

BT has lost its fight to hold onto a partial exemption from paying the Pension Protection Fund (PPF) levy.