Professional Pensions and Mercer Deskflix Event: Covid-19
Dealing with the impacts. The event examines how the pandemic has amplified some of the challenges DB and DC pension schemes have to overcome, and how you’ll now need to rise to a new set of challenges that, whilst created by Covid-19, are probably here to stay.
Multi-national companies must consider complex methods for scheme funding including increased flexibility on retirement benefits, Aon says.
Seven bodies with responsibility for protecting UK pension savers’ pots have joined forces to create an information guide to reassure scheme members amid concern about the impact of the Covid-19 crisis on financial wellbeing in the UK.
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.
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.
The total number of deaths registered last week in England and Wales dropped significantly from the week before but was 1.6 times as many registered at the same time in 2019.
Schemes looking for higher yields face more risk. Stephanie Hawthorne asks if they can take it on the chin in today’s feverish environment.