The BT Group pension scheme's deficit hit £7.3bn gross of tax after an increase in market inflation expectations.
Insurance companies in the FTSE100 have some of the best defined benefit (DB) scheme funding levels as a result of Solvency II, research from JLT Employee Benefits (JLTEB) shows.
Schemes were urged to work with each other and government to embed sustainable practices in the industry by BT Pension Scheme chairman Paul Spencer.
The European Court has rejected the BT Pension Scheme's attempt to have its partial exemption from paying the Pension Protection Fund (PPF) levy restored.
The BT Pension Scheme (BTPS) is to increase its allocation to emerging markets (EM) but warns schemes to examine their reasons for investing in the regions.
The BT Pension Scheme (BTPS) and the Canada Pension Plan Investment Board (CPPIB) have formed a 50:50 property joint venture.
The BT Pension Scheme has seen its defined benefit deficit more than double to £5.7bn as discount rate falls pushed up liabilities, its final year results show.
BT Pension Scheme has appointed Eileen Haughey as chief executive of BT Pension Scheme Management.
Hermes Equity Ownership Services has filed a shareholder proposal calling for proxy access to The Walt Disney Company's board.
Companies must do more to link executive remuneration with long-term business performance, a report from Hermes Equity Ownership Services and the National Association of Pension Funds says.