Section A
News feed
Judicial Review Update
03
Aug
2018
There was a short interim hearing for the Court to decide how any questions regarding the interpretation of the BTPS Rules should, as a matter of process, be dealt with.
Summary Funding Statement and an update on the closure of the Scheme
25
Jul
2018
The Trustee has published this year's Summary Funding Statement giving an update on the Scheme's funding position.
BT application for Judicial Review: Important update
18
Jun
2018
On 5 June 2018, the Trustee wrote to Section A and B members who are potentially affected by a court application currently being brought by BT.
BT application for a Judicial Review
07
Jun
2018
BT has applied to Court for a judicial review of an HM Treasury decision that could impact how pensions in payment are calculated for certain Section B members.
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 the administration team.
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.