Ofcom has confirmed it will not allow BT to fund its £6.6bn scheme deficit through charges it levies on competitors for telecoms services.
GLOBAL - Prominent pension schemes are among 30 founding members of the Hedge Fund Standards Board's investor chapter, announced today.
GLOBAL - Deutsche Bank AG and the California Public Employees' Retirement System are among 259 investors urging policy makers to combat global warming or face mounting economic disruptions in the next 40 years.
The total deficit of FTSE100 pension schemes decreased to £66bn in the third quarter, Pensions Capital Strategies analysis shows.
UK - BT will reduce its scheme liabilities by £2.9bn ($4.7bn) after the government's decision to use Consumer Prices Index to measure inflation, an actuarial review shows.
BT will reduce its scheme liabilities by £2.9bn after the government's decision to use Consumer Prices Index to measure inflation, an actuarial review shows.
Hermes Fund Managers has recruited James Taylor as director of government bonds.
UK - The government has lost its long running court battle over its obligations to fund the BT Pension Scheme deficit should it go bust.
The government has lost its long running court battle over its obligations to fund the BT Pension Scheme deficit should it go bust.
UK - The Financial Reporting Council has revealed the 68 signatories to the UK Stewardship Code.