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Frank Naylor Email
Head Strategy . BT Pension Scheme Management and Administration
London,
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The BT Pension Scheme (“BTPS†or the “Schemeâ€) is the UK's largest corporate defined benefit (DB) pension scheme with assets of some £50 billion (as of 30 June 2018), paying over £2bn in pension payments per year. The Scheme closed to new members in 2001, but remains responsible for securing the long-term financial well-being of approximately 300,000 current and future pensioners. The Scheme is managed and administered by the Trustee, BT Pension Scheme Trustees Limited, on behalf of members and in accordance with the terms of the Scheme rules and relevant legislation. The executive arm of BTPS is called BT Pension Scheme Management Ltd (BTPSM) which is authorised by the FCA employing approximately 60 staff. BTPSM provides investment and advisory services solely for the Scheme. This includes providing the Trustee with advice on strategic asset allocation and risk management, advice on public policy issues and sustainability, acting as agent of the Trustee in appointing third parties to provide investment management, custodial and operational services for the Scheme, monitoring the activities of third party service providers and reporting to the Trustee, and engaging in direct management of certain assets of the Scheme. The administration of members benefits is managed by BT Pension Scheme Administration (BTPSA), a subsidiary of BTPSM. Our administration team are based in Chesterfield and handle enquiries and provide services to our c300,000 members.BT Pension Scheme Management and Administration Address
1 Portsoken StreetLondon, null
UK