The sponsoring employers of the UK’s largest pension schemes may have to put an additional £40-£45bn into their schemes over the next decade, Lane Clark & Peacock (LCP) warns.

Almost three-quarters of PP readers disagree that pension scheme members should be allowed to access funds early to use as a house deposit.

Leading figures of the investment management industry have today launched the 10,000 Black Interns programme which aims to improve and transform the career prospects of young black people in the UK.

“Mounting red flags of financial stress” have meant almost two-thirds of listed companies with defined benefit (DB) schemes have issued profit warnings this year, EY says.

This week’s top stories included the launch of Punter Southall’s defined benefit scheme consolidator, while The Pensions Regulator laid down three ‘gateway principles’ for superfund transfers.

More than half of workers want to be notified by their pension provider if their savings are unknowingly being used for investments in fossil fuels.

Northern LGPS will partner with ethical pensions campaign Make My Money Matter (MMMM) as part of wider plans to invest all assets in line with the Paris Agreement on climate change.

Overall mortality remains in line with pre-coronavirus trends despite a recent increase in Covid-19 related deaths, according to the Continuous Mortality Investigation (CMI).

The UK has continued to struggle against its peers in an international analysis of pension systems due to continuing concerns over adequacy and sustainability.

Thirteen recommendations for the Money and Pensions Service (Maps) have been laid out in an independent report to address the “urgent” financial wellbeing implications of the coronavirus pandemic on Britons.