BT mulls DB closure after deficit hits £8.6bn

James Phillips
clock • 2 min read

BT may close its defined benefit (DB) scheme to future accrual in a bid to stem its ballooning deficit, according to reports.

The suggestion is likely to come up in the BT Pension Scheme's (BTPS) triennial valuation, which kicks off on 30 June and will conclude in the first half of 2018. The BTPS, which is the private ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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