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?
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.
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