NHS Pension Scheme members will be given an extra three months to make use of the voluntary scheme pays facility due to the increased pressures arising from the Covid-19 pandemic.
Link Fund Solutions (LFS) has agreed to sell "a significant portion" of the stricken LF Equity Income fund's holdings to US firm Acacia Research Corporation for up to £223.9m.
Passive outperforms over five years
While concerns around credit market liquidity have been rising since the global financial crisis, the Covid-19 sell-off has highlighted how fragile liquidity can be during periods of real stress. Colin Purdie discusses the short- and long-term implications...
Dr Peter Hayes looks at what history can tell us about the path to recovery from the Covid-19 economic fallout.
The coronavirus crisis has highlighted the need for the industry to embrace technology in order to improve administration processes and data, says Girish Menezes.
Three accounting bodies have published specific Covid-19 guidance for the compilation of pension scheme accounts, recognising that “it can’t be business as usual”.
Employers will be required to pay a proportion of furloughed staff costs from August, Rishi Sunak has announced today.
Professional Pensions’ expert panel discusses how defined contribution (DC) default strategies will change following the crisis.
Sectoral diversification has shown its worth in this economic crisis, says Robert Scammell, but whether this is a ‘dead cat bounce’ is yet to be determined.
The Bank of England (BoE) is "ready to do more" to fight the economic consequences of the coronavirus pandemic and the measures put in place to tackle it, including further interest rate cuts and an expansion of its corporate financing facility, according...
Almost three-quarters of FTSE 100 defined benefit (DB) pension schemes were in surplus on an accounting basis as the coronavirus crisis hit, according to Lane Clark & Peacock (LCP).
Covid-19 has demonstrated how crucial it is for pension schemes to enter into economic crises in a position to react to opportunities with short-term windows, says David Lloyd.
Pension schemes and life insurers should be prepared for a modest change to their assumptions for mortality rates in the post-Covid-19 world, an academic study suggests.
The debate concerning negative interests in the UK has now become “very real” after the UK Consumer Prices Index (CPI) 12-month inflation rate dipped to 0.8% in April from 1.5% in March, recording its lowest reading since August 2016 and putting it on...
It would not be appropriate to rethink or completely abandon the planned revision to the defined benefit (DB) funding code, The Pensions Regulator (TPR).
Jim Doran looks at how trustees of DC pension schemes can help members who are looking to retire.
David Fairs set outs why the regulator believes the economic fallout from Covid-19 is not a reason to abandon revisions to the DB funding regime.
Schemes looking for higher yields face more risk. Stephanie Hawthorne asks if they can take it on the chin in today’s feverish environment.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the April 2020 estimates on the various measures…
The economic crisis provoked by Covid-19 led to a 5.1 percentage point fall in the average defined benefit (DB) funding position in the first three months of 2020, according to Legal & General Investment Management (LGIM).
While the Covid-19 pandemic will see many feel the pinch on their pension savings, it has the potential to drive real positives in the workplace, says Malcolm McLean.
Keeps interest rates and QE at current levels
Pension scheme trustees considering requests by employers to delay contributions into defined benefit (DB) schemes need more stringent plans for how contributions will be ‘switched on’ again, according to Lane Clark & Peacock (LCP).