DB deficits widen by 5pc: LGIM
Pension deficits in DB schemes grew by 5.1 per cent in the first three months of 2020, as a result of market falls. This figure was calculated by the Legal & General...
Pension deficits in DB schemes grew by 5.1 per cent in the first three months of 2020, as a result of market falls. This figure was calculated by the Legal & General...
The coronavirus outbreak has triggered exceptional fiscal responses from governments worldwide, injections of liquidity from central banks and a relaxation of some regulatory rule sets. But despite all measures, fear continues to grip...
The total deaths from Covid-19 are likely to be around 60,000, double the official number according to longevity experts Club Vita. This actuarial and insurance organisation says that delays and omissions in...
Only 5 to 10 per cent of sponsoring companies are expected to suspend or reduce deficit contributions into DB pension schemes, according to research from the Society of Pension Professionals. In a...
TPT Retirement Solutions has appointed Helena Dumycz as its new head of employer relationships. Dumycz, a qualified actuary, has 18 years’ experience in the pensions sector and has worked in consulting and...
Before trustees allow employers to delay making contributions into DB schemes, they need to consider how they would ‘switch on’ payment mechanisms again. This warning comes from LCP partner Steven Taylor. He...
Punter Southall Aspire is withdrawing from the master trust market. The firm currently runs the Aspire Savings Trust. Trustee will now begin the process of identifying a new master trust provider to...
A digital financial adviser run by the Queen's cousin has launched this week, offering free-of-charge advice to NHS staff. Fintuity, which is launching its new financial advice service this week, is offering...
Mel Charles has been named the new director of automatic enrolment at The Pensions Regulator after nine years with the organisation. His role will include supporting employers as they navigate the current...
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