BT Group (BT) announces a new pension funding plan, paying in £2B this year and then £325M...

|About: BT Group plc (BT)|By:, SA News Editor

BT Group (BT) announces a new pension funding plan, paying in £2B this year and then £325M annually for the next nine years, a marked improvement from the existing 17-year plan with annual payments starting at £525M and then rising. Shares +4.3% in London, as investors believe the revised plan will be less of a drag on dividend payouts.