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.
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The British Telecom (BT) Pension Scheme has begun a two-year long tender process as it reviews its current administration provider, PP can reveal.