DB

Pension schemes are being urged to send DB members looking to transfer a Covid-19 transfer warning letter highlighting the risks of doing so during the pandemic, following new guidance from the regulator...

Some companies could see the levy paid to the Pension Protection Fund rise by £1m as a result of the Covid crisis, according to new analysis. Data from pension consultants LCP suggests...

The Covid crash was the test that pension funds didn’t want – at least not yet. It has proved an examination of the pensions sector on so many levels. Most fundamentally it has...

More than 500 companies are expected to delay tackling pension deficits in the wake of the Covid crisis. New analysis by consultants Lane Clark & Peacock (LCP) says the total payments now...

Deficits in DB pensions schemes have increased by a further £10bn since the start of the Covid-19 lockdown. Official figures from the Pension Protection Fund show the total deficit of the UK’s...

Increasing numbers of pension schemes are looking to protect against longevity risk with a record numbers of buy-ins, buy-outs and longevity swaps in 2019. New analysis by Hymans Robertson shows these totalled...

DB pension transfers are declining rapidly, in the wake of the Covid-19 pandemic. New data from LCP shows that member interest in transfers is at its lowest level since 2014, before the...

The impact of the COVID-19 pandemic on global economies led to continued market volatility throughout March. Developed market equity falls in March meant that at the end of the quarter they had...

Employers struggling to meet their auto-enrolment and other workplace pensions obligations can expect a ‘proportionate’ risk-based approach to enforcement says The Pensions Regulator. Issuing a Covid-19 guidance update, TPR says auto-enrolment contributions...

The government has responded to high profile corporate failures such as BHS and Carillion by tabling new legislation to bolster The Pensions Regulator’s powers and discourage corporate and individual behaviours that may...