BT Group gross IAS 19 pension deficit increases by £1.7bn

Full-year results show deficit increased from £3.1bn to £4.8bn as at 31 March 2024

Martin Richmond
clock • 1 min read
BT Group gross IAS 19 pension deficit increases by £1.7bn

BT Group’s gross IAS 19 pension deficit rose by £1.7bn during the last financial year, its full-year results have revealed.

The group's results for the full year to 31 March 2024, published today (16 May) on the London Stock Exchange, showed its gross IAS 19 pension deficit increased to £4.8bn, from £3.1bn as at 31 Marc...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Fidelity to integrate private assets into default investment strategy via LTAF

Fidelity to integrate private assets into default investment strategy via LTAF

Firm’s Diversified Private Assets LTAF received regulatory approval in August

Holly Roach
clock 20 November 2024 • 2 min read
Hike in energy prices pushes inflation above BoE target at 2.3% in October

Hike in energy prices pushes inflation above BoE target at 2.3% in October

Slim chances of rate cut before year-end

Cristian Angeloni
clock 20 November 2024 • 2 min read
Nest Insight: 'Volatility premium' impacting millions of households

Nest Insight: 'Volatility premium' impacting millions of households

Income fluctuation leaves many families unable to effectively build savings

Jonathan Stapleton
clock 19 November 2024 • 3 min read
Trustpilot