Bt Share Discussion Threads

[dmf] 16/3/2018 13:06

Was mainly the pensioners that voted BREXIT.....they think of themselves not the younger generation, which have to suffer the fallout of BREXIT

[careful] 16/3/2018 13:02

Actuarial calculations about life expectancy have been carried out for years.
It is not cynical to state that long life expectancy and over generous pensions will create financial problems.

[4spiel] 16/3/2018 12:57

Not really I only keep 250 BT bought at 2.42 and will buy more if they go down - never know how long you will need income.BT are the fixed lines infrastructure of the country. I used to like the 2028 bonds but sold at 1.41 from 72p - would like those back if get cheaper!

[dmf] 16/3/2018 12:50

Would be interesting to know demographics of pensioners

If they are clustered towards top of age band, one would assume no of pensioners would decline meaningfully over next few years

[smurfy2001] 16/3/2018 12:50

4spiel, deary me must be a terrible life for you.

[4spiel] 16/3/2018 12:48

We are all going the same way toon including you! Pray we will not get nerved.

[toon1966] 16/3/2018 12:43

4spiel - you are a detestable individual. Your argument on pensioners dying is very sad but I do need to remind you that many people are reaching their pensionable age of 60 and so will be adding to the pension burden.....

[smurfy2001] 16/3/2018 11:46

Will we see this dragged down to new lows?

[alphorn] 16/3/2018 11:43

Full gain today on the expiry of my bearish position. Now running a strangle.

[4spiel] 16/3/2018 11:40

The pensioners will not live forever eventually they are off the payroll- they are dropping dead every year.

[dmf] 15/3/2018 15:49

BT share price: Telco closes in on pension deal with union
Group looks to shut final salary pension scheme

[pacemaker1000] 15/3/2018 15:41

Hope not!
Nearly 7% divi easily covered in earnings. Huge assets in a growing business that everyone relies on 24 hours a day.
Bit nothing surprises me anymore here

[richard4796] 15/3/2018 15:29

because of all of this do people expect their share price to continue to drop?

[smicker] 15/3/2018 15:09

not hard to keep down the number of missed appointments if you reschedule them to 2 months later. Jan order and might have fibre by end April. Sure thats not an isolated case

[dmf] 15/3/2018 15:08

Mortality is dropping, that should assist the pension deficit !

[willoicc] 15/3/2018 14:18

Its ok for the bosses to keep their gold plated pensions but they have no hesitation screwing the wee people.

[careful] 15/3/2018 13:58

Weak incompetent management in the past gave away unaffordable pensions.
Based upon over optimistic assumptions about investment returns and company profits.
Life expectancy is greater now adding to the problem.

[kazoom] 15/3/2018 13:33

The only risk to the retired engineer, assuming (s)he is in section C (otherwise no risk at all), is that in future his/her pension might increase by cpi rather than rpi.

So far though the courts have ruled that it must remain as rpi.

[winner31] 15/3/2018 12:06

He'll have no say in it ,the company will get their way, I have been through this with Airbus And GKN closing the Final Salary schemes ,it was basically take what we offer or jobs will go ,and the wonderful unions let them walk all over us , I think the shop stewards came out of it OK though .

[abbotslynn] 15/3/2018 11:59

BT's pension scheme is Britain's largest private pension scheme, with more than 300,000 members. It also has one the country's biggest funding shortfalls of around £14bn.

£14 Billion

A friend of mine a retired BT engineer is not happy that his monthly pension payments may be at risk. As I am sure are many others who worked for them.

[dmf] 15/3/2018 11:02

Don't think so.....as pointed out by montyhedge - post 27569

[pacemaker1000] 15/3/2018 10:34

Maybe it already has happened?

[dmf] 15/3/2018 10:01

Capitulation is needed....a severe one....then build on lower price

[dr biotech] 15/3/2018 08:39

If they can close the pension scheme it will hopefully be like turning off the tap when the bathroom is flooded. Just have to deal with the deficit afterwards. Hopefully this won’t go much lower, yield should support it....