Section A
News feed
BT Review of BTPS benefits: Update
22
Aug
2017
Since our initial posting on 30 May informing you of BT’s proposed benefit review, BT has engaged with employees and the unions, including representatives from CWU and Prospect.
Summary Funding Statement 2017 now available
08
Jun
2017
The Trustee has now published the Summary Funding Statement outlining the results of the 30 June 2016 actuarial interim assessment.
BT review of BTPS benefits
30
May
2017
BT have announced that they have commenced a review of the BT Pension Scheme (BTPS) benefits.
How much will your State Pension be?
18
May
2017
Reforms in April 2016 introduced the new State Pension. Most people reaching State Pension Age this year won’t be entitled to the full amount. How much will your State Pension be?
Responsible investment
The Trustee has a fiduciary responsibility to meet the Scheme's liabilities and as a long-term asset owner considers sustainable factors to improve long-term risk adjusted returns. The area of sustainability as defined by the Trustee covers long-term factors such as environmental, social and governance (ESG) and stewardship. For information about BTPS' Responsible Investment Policy please click here.
The importance of responsible investment is illustrated by the scheme being a founder signatory to the United Nations-backed Principles for Responsible Investment initiative (PRI). PRI provides a framework for investors to take ESG issues fully into account in their investment and ownership decisions and actions and the Trustee remains committed to its membership and active support of the organisation. Click here to view the BTPS’ PRI transparency report 2016.
The Trustee is also guided by the requirements of the Financial Reporting Council’s Stewardship Code for UK institutional investors. For further information click here.