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 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.
From time to time the Trustee carries out a formal review of the actuarial factors which are used to calculate certain pension benefits.
The Trustee of the Scheme has updated the Privacy Notice, which explains how we manage the personal information that we hold.
BT and the Trustee of the BT Pension Scheme have reached agreement on the 2017 triennial funding valuation.
Following the merger of Age Concern and Help the Aged, Age UK is the new national network providing help and care for older people.
A Registered Charity for present and former BT employees, their families and dependants.
There is a lot of useful information on the Government site, DirectGov:
The Money Advice Service website contains a guide to choosing and independent financial advisor (IFA)
The Inland Revenue web site features news and information on UK tax and national insurance matters.
An independent non-profit organisation that provides information and guidance on the whole spectrum of pensions, covering State, company, personal and Stakeholder schemes.
The Pensions Regulator is the regulatory body for work-based pension schemes in the UK, and replaced OPRA, the Occupational Pensions Regulatory Authority.
If you lose contact with a former pension scheme(s), the tracing service run by the Department of Works and Pensions may be able to help you in contacting the trustees of a previous employer’s pension scheme if you cannot trace them yourself. The service is available online or you can write or phone:
Pension Tracing Service
The Pension Service
Newcastle upon Tyne
Phone: 0845 600 2537
If you have AVCs, Pension Wise is a government service offering free, impartial guidance around the options you have with respect to your DC pension savings, the implications of each option, and how to get the best deal.
Phone: 030 0330 1001
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