BT is seeking to switch indexation for the final section of its scheme in order to stem a ballooning deficit.
BT may close its defined benefit (DB) scheme to future accrual in a bid to stem its ballooning deficit, according to reports.
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
Paul Traynor says UK schemes can learn a lot from the overseas experience of scheme consolidation
The Department for Culture, Media and Sport (DCMS) has confirmed Openreach employees in the BT Pension Scheme (BTPS) will have their pensions underwritten by the government.
Members of the BT Pension Scheme (BTPS) will have their defined benefit (DB) pensions protected following the separation of the Openreach business.
The funding deficit in the BT pension scheme has grown by almost £3bn according to the latest summary funding statement.
Historically UK pension funds have been behind the curve when it comes to integrating ESG issues into investment decision making. However, Lynn Strongin-Dodds believes this is changing.
Bulk annuity business in 2016 will outstrip last year's levels despite a slow start due to the introduction of Solvency II, according to Willis Towers Watson.
Some of UK's largest pension schemes and fund managers have called on Anglo American, Glencore and Rio Tinto to be more transparent over climate change risks.