Section A
News feed
BT Pension Scheme to sell majority stake in Hermes
13
Apr
2018
Federated Investors, Inc. to Acquire Majority Interest in London-based integrated ESG Manager Hermes Investment Management from BT Pension Scheme.
Section C Court Case: Appeal
09
Apr
2018
Further to our update in February, BT was granted permission to appeal the High Court judgment to the Court of Appeal.
Closure of the BT Pension Scheme
19
Mar
2018
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.
2018 Trustee Newsletter now available
20
Feb
2018
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.
Divorce
If you get divorced, BTPS may be required to allocate or pay part of your retirement or death benefits to your ex-spouse to comply with any court order requiring this.
This can happen even if you are already receiving a pension. Part of your pension will then belong to your former spouse, who must then transfer the value of it to another pension arrangement. This process is known as ‘pension sharing’.
If you are getting divorced it is important that you review your Expression of Wish Form and seek legal advice as the options can be complex.
If you need detailed information about the value of your benefits in connection with a divorce, you will need to contact Accenture.