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BT Pension Scheme finalises two longevity swaps of £10bn

GlobalData
Summary
Nutrition label

76% Informative

The BT Pension Scheme has completed two longevity reinsurance transactions totalling 10bn .

The move is aimed at shielding BTPS from the financial impact of increases in the life expectancy of its members.

This follows a similar transaction completed in 2023 and utilises the scheme’s existing infrastructure including its 'captive' insurer.

VR Score

69

Informative language

63

Neutral language

77

Article tone

formal

Language

English

Language complexity

71

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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