£37bn BT scheme says it is ‘on track’ to be fully funded by 2030 despite sharp asset fall
Thoresen will step down following the scheme’s 2023 triennial valuation negotiations
Scheme reports £11bn slide in asset values in period prior to BoE intervention
BT Group has appointed XPS Pensions Group to support its in-house pensions team and advise on actuarial and investment matters and the ongoing evolution of BT’s pensions strategy.
The awards aim to recognise the employers which have the best benefits teams
Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).
The BT Pension Scheme (BTPS) has announced the appointment of three new trustees to its board.
The closure of the BT Pension Scheme (BTPS) to future accrual means 20,000 active members will move to an 'enhanced' defined contribution (DC) scheme, after the company reached a deal with the union.
The BT Pension Scheme (BTPS) will close to future accrual for managers in May 2018, and will them into the telecoms giant's defined contribution (DC) scheme.