Pension deficits have continued to rise during July, despite the economic lockdown easing, according to the latest data from Mercer. Its Pensions Risk Survey data shows the accounting deficit of the DB...
New best practice guidance has been issued to pension administration to help them navigate their way out of the lockdown. This guidance is provided by the Pensions Administration Standards Association (PASA), and...
The Covid-19 pandemic has had a marked effect on the funding of DB schemes, with a wide gap remaining between the best and worst-funded schemes, according to Aon’s latest accounting report. It...
Companies are warned that they could face fines if they reduce pension contributions, following the removal of government support for these payments. From the start of August, companies with staff on furlough...
Legal & General Investment Management (LGIM) has launched a new secure income funds for DB schemes, which invest in range of assets including infrastructure debt, real estate debt and private corporate debt....
The 2020 Workplace Wellbeing & Protection Report published by Corporate Adviser Insight has shown the group risk and healthcare market was in a very strong position ahead of the widespread economic disruption...
The impact of Covid-19, and the subsequent economic fallout is likely to leave a lasting imprint on the group protection and healthcare sector for years. Attendees at a virtual round-table, hosted by...
The defined contribution pensions market in the UK remains in long-term transition. Factors contributing to this change over the last few years include auto-enrolment, the rapid growth of master trusts as providers...
If the lockdown period has taught us anything it’s that a return to a pre-Covid workplace and ‘business as usual’ is highly unlikely, and in most cases unrealistic. This could actually be...
As with several other regulatory initiatives, the implementation of investment pathways has been delayed due to Covid-19. The reform had been due to come into force in August, which would have meant...
