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.
Voting disclosure
The Trustee has a stated intention of voting all of its equity holdings. Hermes Equity Ownership Services (EOS) supports the Trustee in taking voting decisions for its passive equity holdings in particular. Where active managers demonstrate strong capabilities they will vote on behalf of the Trustee.
Please click here for the BTPS proxy voting policy. The latest reports of votes cast are available to download here. You can request details of historical voting data by contacting Accenture, the Scheme administrators.
Latest voting reports
BTPS will always support the recommendations of a company's board unless it has a good reason not to do so. All voting decisions are taken in the best interests of the Scheme's beneficiaries as long term owners.