BTPS
Investment
US-based Federated Investors has completed its acquisition of a 60% interest in Hermes Investment Management from the BT Pension Scheme (BTPS).
03 July 2018
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1 min read
Investment
Universities Superannuation Scheme (USS) and the BT Pension Scheme (BTPS) will be asked to pick up the tab for some of the £120m penalty levied on Thames Water.
07 June 2018
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1 min read
Investment
The BT Pension Scheme (BTPS) is to sell two-thirds of its interest in Hermes Fund Managers, the investment company it founded 35 years ago, to American asset manager Federated Investors for £246m.
13 April 2018
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3 min read
Defined Benefit
BT and the Communication Workers Union (CWU) are said to be close to a deal over the closure of the telecoms company's defined benefit (DB) scheme.
15 March 2018
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1 min read
Defined Benefit
BT will appeal last month's High Court ruling which barred it from swapping the inflation indexation used for one section of the BT Pension Scheme (BTPS).
05 February 2018
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1 min read
Appointments
Eileen Haughey will be stepping down as chief executive officer (CEO) of the BT Pension Scheme (BTPS) once its 2017 actuarial valuation has been finalized.
25 January 2018
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2 min read
Defined Benefit
BT has been barred from swapping the indexation of the third section of the BT Pension Scheme (BTPS).
19 January 2018
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2 min read
Defined Benefit
BT members of the Prospect union have voted to approve a controversial pension restructure ahead of the defined benefit (DB) scheme's closure in April.
08 January 2018
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2 min read
Defined Benefit
The Communication Workers Union (CWU) has said it will urge its members to reject BT's proposals for its pension funds, which includes closing the defined benefit (DB) scheme.
15 November 2017
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2 min read
Defined Benefit
BT is seeking to switch indexation for the final section of its scheme in order to stem a ballooning deficit.
25 September 2017
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2 min read
