The Society of Pension Professionals (SPP) estimates only 5-10% of scheme sponsors will suspend or reduce contributions during the coronavirus pandemic while majority have no need to alter their payment schedules.
The SPP conducted a poll of its members, finding more than half (55%) expected that no defined benefit (DB) schemes would suspend or reduce contributions.
This comes as the UK prepares to enter an eighth week in lockdown and the uncertainty that has plagued the market since March continues.
Whether sponsors should be allowed to defer or cancel deficits has become one of the most widely debated topics with regards to the implications of Covid-19 on pensions.
A total 19% of SPP members said between 5% and 10% of sponsors would cancel or defer deficit contributions, while a further 21% believed the figure would be between 10% and 25% of sponsors. Just 5% said between 25% and 50% would cancel or defer.
The SPP said: "While numbers are low at the moment, this could increase over time as the impact of the lockdown is felt more severely by businesses.
"While the majority of sponsors do not need to suspend or reduce their contributions, for those that do it is a valuable lifeline which could be the difference between the business surviving or not."
It added: "Although the consequences of Covid-19 are still fresh for most of us, it is now over two months since equity markets started to fall; after a few uncertain weeks, the crisis has become ‘business as usual' for many UK schemes."
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