There are many lessons to be learned from the March 2020 market volatility and liquidity squeeze as the Covid-19 pandemic escalated, Barnett Waddingham says.

Mobius Life has launched a service to provide pension schemes with a report which collates asset managers’ ESG themes to help trustees complete their annual implementation statements.

Some £20.1bn of defined benefit (DB) pensions were advised to transfer between 2018 and 2020, while £10.2bn were recommended not to transfer, Financial Conduct Authority (FCA) data reveals.

Online provider Pension Bee has created a flexible pension for self-employed savers, allowing them to make contributions according to their income.

Pension trustees will have much more involvement in business discussions and corporates will need to think more about pensions when the watchdog’s increased powers come into force, LCP says.

The Pensions Regulator (TPR) has published the interim response to its first defined benefit (DB) funding code consultation – highlighting the depth of industry concern around its proposed twin-track regime.

The Department for Work and Pensions (DWP) will ban the charging of flat fees on AE auto-enrolment (AE) pots below £100 and launch work on how to standardise cost and charges reporting.

The Barclays Bank UK Retirement Fund (Barclays UKRF) has integrated ESG factors and climate risk into a £1.3bn diversified growth fund (DGF) portfolio used for its defined contribution (DC) scheme.

Matt Rodda has taken over the role of shadow pensions minister from Jack Dromey following a Labour frontbench reshuffle.

Industry stalwart Peter Weiner has passed away aged 69 following a battle with cancer.