All BT Pension Scheme articles
-
News
Pension funds urge positive collaboration with policymakers on market reform
Pension investors responsible for a collective £150bn in assets are seeking to engage positively with policymakers to ensure shareholder rights are protected in capital markets reforms.
-
Features
Five Questions For… Morten Nilsson, Brightwell
Pensions Expert spoke to Brightwell chief executive Morten Nilsson about the government’s surplus release plans, and how he envisages sharing the BT Pension Scheme’s experiences with the wider market.
-
News
Call for levy reform as pension schemes hit with ‘surprise’ £15m PPF bill [updated]
Pensions UK is calling for urgent government action after DB pension schemes were unexpectedly billed for an administration levy connected to the PPF, with the largest schemes facing bills of hundreds of thousands of pounds.
-
People News
Appointments: BT Pension Scheme, Dalriada, Capital Cranfield, FGC, Bfinance
The latest hires, promotions and appointments for the week ending 13 June 2025.
-
News
BT Pension Scheme agrees longevity swaps worth £10bn
The UK’s largest corporate defined benefit (DB) pension scheme has struck two longevity reinsurance deals worth a combined £10bn.
-
News
Bank of England launches repo facility for pension funds
The Bank of England has this week opened a derivatives trading facility to support pension funds and liability-driven investment (LDI) managers at times of market stress.
-
News
Chancellor expected to loosen rules on DB surpluses [updated]
Chancellor Rachel Reeves is expected to unveil new plans to free up defined benefit (DB) pension scheme surpluses in a speech this week.
-
News
Schemes get permanent exemption from derivative clearing rules
Pension schemes will not be required to trade derivatives through central counterparties after the government extended a regulatory exemption indefinitely.
-
News
FCA urges LDI stress-testing in the face of rising buffer costs
The Financial Conduct Authority has called on asset managers to stress-test the “operational consequences” of improved liquidity buffers for liability-driven investment funds, recognising the additional costs that these buffers impose on pension schemes.
-
News
‘Lower leverage is here to stay’: industry responds to LDI inquiry
The use of leverage in liability-driven investments should be reassessed, according to respondents to a Work and Pensions Committee inquiry.
-
News
Mini-Budget blows £11bn hole in BT Pension Scheme
On the go: The £46.9bn BT Pension Scheme sustained aa £11bn hit to its assets following the government’s September “mini” Budget, before the Bank of England intervened to stabilise gilt markets.
-
News
PPI touts new inflation measure over RPI
On the go: The Pensions Policy Institute has said that the household costs indices, which is currently being developed by the Office for National Statistics, could better reflect changes in pension income than current methodologies.
-
News
RPI reform judgment stands as High Court refuses appeal
On the go: The trustees of the BT, Ford and Marks and Spencer schemes have decided not to seek a review of a September High Court judgment in the Court of Appeal, after the High Court struck down their judicial review against the government’s plans to axe the retail price index and refused a permission to appeal.
-
News
DB goliaths call for AVCs stronger nudge exemption
Seven defined benefit schemes with £217bn in assets have asked for Work and Pensions committee intervention due to concerns regarding ‘stronger nudge’ requirements, which they believe are not fit for purpose.
-
News
BT sets 5-year carbon goal, Islington updates net zero targets
ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including new decarbonisation targets from the £57.5bn BT Pension Scheme, an update to the £1.4bn London Borough of Islington Pension Fund’s responsible investment policy, and the Financial Conduct Authority’s delay to plans for sustainable investment labels.
-
News
BT Pension Scheme sells stake in real estate venture
On the go: The £57.5bn BT Pension Scheme, via Federated Hermes, has sold part of its stake in the engineering and technology business park Silverstone Park to the $550.4bn (£342.6bn) Canada Pension Plan Investment Board.
-
News
BT awards $1bn private equity mandate to Hermes
On the go: The £57.5bn BT Pension Scheme has awarded a $1bn (£801.4mn) private equity mandate to Hermes GPE, further building on two previous private equity investments with the manager.
-
News
BT slashes pensions deficit by £4bn in one year
On the go: BT has cut its defined benefit pensions deficit by £4bn in the year to March 31 2022, a fall partly attributed to a higher discount rate due to increased yields.
-
News
CofE convenes climate transition group, Clara pledges net zero
ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including a coalition of UK pension funds joining forces to support climate transition in emerging markets, and a net zero pledge from Clara-Pensions.
-
News
Pension chiefs encourage company stakeholder engagement
On the go: A group of pension executives has challenged companies to engage with their stakeholders and intensify their efforts to reach net zero emissions.