Federated Investors, Inc. to Acquire Majority Interest in London-based integrated ESG Manager Hermes Investment Management from BT Pension Scheme.
Further to our update in February, BT was granted permission to appeal the High Court judgment to the Court of Appeal.
BT has announced the closure of Section B and C of the Scheme to future accrual in early summer 2018, having reached an agreement with the Communication Workers Union and Prospect.
The 2018 Trustee newsletter is now available and can be found on the Useful documents page. Members will receive a copy in the post over the next few weeks.
Are you looking to make a change to your regular additional voluntary contribution (AVC) payments in this tax year?
As a member of the BT Pension Scheme (BTPS) you have the option to make Additional Voluntary Contributions. This section provides a high level description of this facility.
The terms of the AVC facility are subject to the Rules of BTPS and HMRC regulations, which will prevail if there is any conflict with the information on this website.
If you are unsure about any aspect of investing AVCs in BTPS, you should seek independent financial advice as government regulations prohibit BT, the BTPS Trustee or their administrators Accenture from providing advice on investing in AVCs.
If you have any AVC benefits and are approaching retirement or considering your retirement options, please read the information included in the Additional options at retirement and Pension Wise - free guidance pages.
Please select from section A, B or C
For members who joined the Scheme before 1 December 1971
For members who joined the Scheme between 1 December 1971 and 31 March 1986
For members who joined the Scheme on or from 1 April 1986 but before the Scheme closed on 31 March 2001