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.
08
Dec
2020
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.
25
Nov
2020
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.
This section provides you with details on how to go about making your AVC choices. Click on the question relevant to you for further details:
If you would like to make or increase your AVC contributions please read the following carefully before completing your application. You can apply online through the Pensions Portal.
Please note:
When completing the forms, you are asked to choose between an AVC fund invested with LGIM, Standard Life or Santander. You can pay your contributions to one or more of these funds.
Think it over carefully before you make any decision.
You can choose one or more of the AVC funds to invest in, and you can move your investments from one fund to another. For example, you may wish to consider moving your entire AVC fund to the Santander account when you are near retirement if you think the value is less likely to fluctuate. A limited number of switches can be made without any charge, but you will be advised if more frequent transfers will incur a charge.
If you wish to transfer some or all of your existing AVC funds to other funds within the AVC facility, or you can action this online through the Pensions Portal.
You may wish to keep your existing funds invested where they are, but direct future contributions to one or more different funds.
If you wish to direct future contributions to a different fund or funds you can action this online through the Pensions Portal.
You can stop paying AVCs at any time, subject to sufficient notice.
If you wish to stop paying AVCs, you can action this online through the Pensions Portal or by calling the administration team.
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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