LONDON (Reuters) - BT has reached a deal to pay down the 4.1 billion-pound deficit on its staff pension fund more quickly than previously planned, resolving a long-running concern for investors and ...
The BT Pension Scheme (BTPS), a private sector pension scheme in the UK, has completed two longevity reinsurance transactions totalling £10bn. The move is aimed at shielding BTPS from the financial ...
The BT Pension Scheme said on Thursday it aimed to achieve net zero carbon emissions across its investment portfolio by 2035, aligning it with the goals of the 2015 Paris climate change agreement.
On the go: The BT Pension Scheme deficit is expected to have improved by roughly £3.4bn over the year to June 2021 to around £4.6bn, due to sponsor contributions and strong returns on growth assets.
The BT Pension Scheme is using integrated risk management to assess its appropriate level of risk and pace its transition from equities to a fully cash flow-matched strategy by 2034. Experts predict ...