Two-thirds of BTPS members retiring online after launch of self-serve retirement journey

Innovation has reduced average administrator time dealing with retirement cases by 39%

Jonathan Stapleton
clock • 2 min read
BTPS members have 'wholeheartedly embraced' online retirements.
Image:

BTPS members have 'wholeheartedly embraced' online retirements.

Nearly two-thirds of all BT Pension Scheme (BTPS) member retirements are now being undertaken fully online following the introduction of a self-serve offering earlier this year.

The scheme's services provider, Brightwell, said BTPS has seen strong adoption of its full self-serve online retirement journey, which it launched in partnership with Brightwell-owned software prov...

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 Admin / Technology

Administration 'critical' to whole pensions ecosystem, says TPR

Administration 'critical' to whole pensions ecosystem, says TPR

Regulator understands challenges industry faces and wants to help ‘mitigate risks’

Holly Roach
clock 24 March 2025 • 1 min read
Industry adoption of AI 'widespread', says SPP

Industry adoption of AI 'widespread', says SPP

Society’s survey finds 87% of industry have incorporated AI in some capacity

Martin Richmond
clock 17 March 2025 • 2 min read
PP launches 2025 Administration Survey

PP launches 2025 Administration Survey

Survey looks to track industry attitudes to both in-house and outsourced administration.

Professional Pensions
clock 14 March 2025 • 1 min read
Trustpilot