£37bn BT scheme says it is ‘on track’ to be fully funded by 2030 despite sharp asset fall
Move follows yesterday’s promotion of Laura Trott to senior Treasury role
Analysis finds number of tranche 16 schemes in deficit fell by 12%
Laura Trott leaves the role of pensions minister after 383 days in office
Treasury must review current exemption ahead of June 2025 deadline
Insurer will invest £500m in London housing shortage over coming years
Most PP poll respondents do not expect to see a deluge of deals
LGIM research finds demand for ESG investing has not wavered during cost of living crisis
Scheme’s third buy-in secures benefits of 2,000 retirees and deferred members
APPT says option 3 could be appropriate while ACA says it is ‘exceptionally harsh’