Three things your clients may call you about this week …

BT's move to cut workers' pensions has implications for millions BT's attempt to "water down" the final salary benefits of current and previous employees through the courts could have wider consequences for defined benefit (DB) pensions, according to this Telegraph article. It references data from the Pensions and Lifetime Savings Association that has suggested up to three million workers have a 50/50 chance of losing a fifth of their promised DB benefits. The piece also highlights separate research from Prudential, which indicates BT's proposed changes - if successful - could set a pr...