28/10/2021| PRIMARY
78,000 Members Register For New Member Portal
Just four months after launching its new online member portal, 78,000 of BT Pension Scheme’s (BTPS) c.275,000 members have registered to manage their pension digitally.
01/10/2021| PRIMARY
BTPS Annual Report & Accounts to 30 June 2021
BTPS has published its Report and Accounts for the year to 30 June 2021, which along with the financial statements, includes the Report by the Trustee on funding and investment activities, member services, and governance matters for the year. Our report on climate change and TCFD disclosures are also included as an appendix to the Report and Accounts.
17/09/2021| PRIMARY
Announcing the Advisory Group for ASCOR Project
Aktia Bank, Amundi, Colchester Global Investors, Franklin Templeton, MFS Investment Management, Ninety One and Wells Fargo Asset Management join the ASCOR Project Advisory Committee representing over US $5 trillion. SURA Asset Management, Latin America’s largest pension fund provider joins the ASCOR Project Steering Committee.
14/09/2021| PRIMARY
2021 Annual Member Newsletter
Our annual Member Newsletter is now live on the website and is being mailed to our members throughout September. We’ve covered lots of important information so make sure you keep an eye out for your copy!
13/09/2021| PRIMARY
Summary Funding Statement 2020
BTPS Trustee publishes Scheme Summary Funding Statement as at 30 June 2020.
01/07/2021| PRIMARY
BTPS publishes Responsible Investment and Stewardship Report
The BT Pension Scheme (BTPS) has published its first Responsible Investment and Stewardship Report.
14/05/2021| PRIMARY
Investors to develop new tool to assess Governments’ climate change governance and performance
Institutional investors, in collaboration with key investor networks, have spearheaded a project to create a new assessment framework enabling investors to fairly and appropriately measure, monitor and compare sovereigns’ current and future climate change governance and performance.
13/05/2021| PRIMARY
BT and Trustee announce agreement on the 2020 Valuation
Every three years, a formal valuation of the pension scheme is carried out. This is referred to as the ‘triennial valuation’ and is undertaken to ascertain the funding position of the Scheme and, to the extent the Scheme is in deficit, agree the level of contributions payable by BT in order to restore the funding position.
09/04/2021| PRIMARY
Trustees of the BT Pension Scheme, Ford Pension Schemes and Marks and Spencer Pension Scheme to seek Judicial Review of the decision effectively to replace RPI with CPIH from 2030
The trustees of the BT Pension Scheme, Ford Pension Schemes and Marks and Spencer Pension Scheme (“the Schemes”) today announced that they are seeking a judicial review of the decision effectively to replace RPI with CPIH from 2030.
23/02/2021| PRIMARY
Statement from Trustees of the BT Pension Scheme, Ford Pension Schemes and Marks and Spencer Pension Scheme
The Trustees of the BT Pension Scheme, Ford Pension Schemes and Marks and Spencer Pension Scheme have today announced that following their joint application the court has granted an extension of time in which to consider a potential application for a judicial review of the decision to align RPI with CPIH from 2030.
06/01/2021| PRIMARY
New online services are coming soon
Following members’ feedback, we have been investing in technology and modernising our online services. The new website and member portal will be going live later this spring (exact dates available soon) and everything will be moving across to a new web address: btps.co.uk.
06/01/2021| PRIMARY
BTPSM appoints Wyn Francis as Chief Investment Officer
BT Pension Scheme Management (‘BTPSM’) has announced, with immediate effect, the appointment of Wyn Francis as Chief Investment Officer. Wyn succeeds Frank Naylor who is retiring on 30 June after 16 years. Frank will remain with BTPSM working towards completing a range of key projects before his retirement.
01/01/2021| PRIMARY
Court of appeal - Judicial Review update
In November last year, BT brought proceedings in the High Court challenging the validity of a decision taken by HM Treasury (HMT) about how benefits are increased in public sector pension schemes.
01/12/2020| PRIMARY
GMP Court ruling update
You may be aware that the Trustees have been in discussions with their advisers as to the steps the Scheme should take with regards to the “equalisation” of certain pension benefits.
30/11/2020| PRIMARY
Reforming the Retail Prices Index – changes from 2030
Every month, the Office for National Statistics (ONS) estimates the inflation rate in the UK by calculating the change in prices of a representative basket of goods and services.
07/10/2020| PRIMARY
BT Pension Scheme sets 2035 net zero goal for its entire £55bn portfolio
Over the next fifteen years, the majority of the Scheme’s assets will be reinvested creating a unique opportunity to invest in companies that have lower emissions and increase investment in transition solutions
17/09/2020| PRIMARY
BTPS appoints Chris Cheetham as Trustee Director
The BT Pension Scheme (‘BTPS’ or the ‘Scheme’) has announced, with immediate effect, the appointment of Chris Cheetham as Trustee Director. He succeeds David Felder who is stepping down from the Board after nine years’ service.
10/09/2020| PRIMARY
2020 Annual Member Newsletter
Our annual Member Newsletter is now live on the website and is being mailed to our members throughout September. We’ve covered lots of important information so make sure you keep an eye out for your copy!
30/03/2020| PRIMARY
BT Pension Scheme appoints three new Trustees
The BT Pension Scheme (BTPS or the Scheme) has announced three new appointments to its Trustee Board.
20/03/2020| PRIMARY
Coronavirus update for members
As the impact of the coronavirus is felt across the UK, we want to reassure members that looking after their pension is our top priority.
01/12/2019| PRIMARY
BT Pension Scheme Management acquires pensions software firm Procentia
BT Pension Scheme Management (BTPSM), the executive arm of the UK’s largest private sector pension scheme, has today announced that it has acquired a majority stake in Procentia, a market-leading pensions software company for an undisclosed sum.