BT Pension Scheme (BTPS) has named Morten Nilsson as CEO of the £50bn scheme. : BT Pension Scheme (BTPS) has named Morten Nilsson as CEO of the £50bn scheme. The former Now Pensions CEO will report directly to BTPS chairman of the trustee, Paul Spencer, and will be responsible for providing a range of investment management and advisory services to BT Pension Scheme Management Limited (BTPSM). Nilsson will also be required to deliver asset and liability management, operation and administration services to one of the largest pension schemes in the UK.