BT

The European Union must forge stronger links with institutional investors to achieve its low carbon economy goals, the Institutional Investors Group on Climate Change says.

Schemes must factor in climate change risk to their asset allocation strategies over the next two decades or face losing trillions of pounds, Mercer warns.

UK - The BT Pension Scheme shortfall shrank £1.5bn ($2.4bn) in Q4 last year, helped by a £1bn increase in asset values and a £525m deficit payment, according to its quarterly report.

The BT Pension Scheme shortfall shrank £1.5bn in Q4 last year, helped by a £1bn increase in asset values and a £525m deficit payment, according to its quarterly report.

BT Pension Scheme; Robeco; INTECH Investment Management; PwC; Mercer; Aon Hewitt; Neuberger Berman Group; Standard Life Investments; State Street Global Services

UK - BT has announced Paul Spencer will become trustee chairman of the £35bn ($56bn) BT Pension Scheme on 1 March.

BT has announced Paul Spencer will become trustee chairman of the £35bn BT Pension Scheme on 1 March.

Pension funds and asset managers belonging to the Institutional Investors Group on Climate Change will be balloted this week to assess their ethical investment performance.

In the first part of our run-down of the top 20 most read Professional Pensions Online news articles in 2010, we look at those in eleventh to twentieth place.

UK - Ofcom has confirmed it will not allow BT to fund its £6.6bn ($10.3bn) scheme deficit through charges it levies on competitors for telecoms services.