09
Apr
2021
The Trustees of these defined benefit schemes, which represent nearly 450,000 members and £83bn of assets, believe the implications of this decision have not been fully considered.
24
Feb
2021
The Trustees of the BT Pension Scheme, Ford Pension Schemes and Marks and Spencer Pension Scheme have today announced that
13
Jan
2021
Following members’ feedback, we have been investing in technology and modernising our online services.
06
Jan
2021
BT Pension Scheme Management (‘BTPSM’) has announced, with immediate effect, the appointment of Wyn Francis as Chief Investment Officer.
Alongside the options which are already available to members under the Scheme, from 6 April 2015 members can transfer their Defined Contribution (DC) benefits (i.e. AVCs) out of the BT Pension Scheme into one or more different pension registered arrangements.
Different DC pension arrangements will offer different options in relation to the way in which members can take their benefits. These options are likely to include the option to purchase an annuity (i.e. a guaranteed income for life) but may also include other options not offered by the BT Pension Scheme. Different options of taking your DC benefits will have different features, different rates of payment, different charges and different tax implications.
Please note that:
More information on the options available and the issues to consider when deciding which option might be most suitable for you can be found through Pension Wise (see option in left hand menu for more details). You can request information about your AVC benefits, your rights to transfer your AVCs and your options under the BTPS rules by contacting us using the details on the contact us page.
Please also read the guidance from the Pensions Regulator that explains the characteristics of each of the possible options here. Please note that not all of these options are offered by the BT Pension Scheme.
In addition, you may wish to consider taking independent financial advice.
Please select from section A or C
Section A
For members who joined the Scheme before 1 December 1971
Section B
Section B no longer has any active members, if you are a deferred member of Section B, please visit the deferred section here
Section C
Section C closed to most active members on 30 June 2018, but remains open to members holding a “GAD passport” following a previous transfer from another employer. If you are a deferred member of Section C, please visit the deferred section here
Please select from section A, B or C
Section A
For members who joined the Scheme before 1 December 1971
Section B
For members who joined the Scheme between 1 December 1971 and 31 March 1986
Section C
For members who joined the Scheme on or from 1 April 1986 but before the Scheme closed on 31 March 2001
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