BT Pension Scheme

Scheme reports £11bn slide in asset values in period prior to BoE intervention

The Pensions Ombudsman finds that BTPSML followed the process correctly under the rules

High Court rejects all three claims brought forward by the pension scheme claimants

The trustees of the BT, Ford, and M&S schemes say investors now face losses of up to £100bn

Interim goals released on BTPS’ path to becoming net zero by 2035

The hearing could have significant ramifications for schemes if successful

Diversity and inclusion will now form part of the scheme’s selection and monitoring process

Scheme divestment from Russia and TPR guidance on new Pension Wise rules

Scheme has been cutting exposure since the start of the year due to governance concerns

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.