News

Keeps interest rates and QE at current levels

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.

This week’s top stories include Punter Southall Aspire exiting the master trust market and Deloitte launching a consultation in plans to slash employer contributions for up to 12 months.

Pensions and financial services consultancy Hymans Robertson has promoted three partners to the role of equity partner and nine others to partner.

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).

A total of 2.2 times the amount deaths were registered in England and Wales last week when compared to data from 2019, according to the Continuous Mortality Investigation (CMI).

Northern LGPS has opened a procurement framework for property investment managers, mirroring existing collaboration agreements with local authority funds.

Punter Southall Aspire has announced it is withdrawing from the master trust market.

Deloitte has launched a consultation with employees in plans to slash employer pension contributions by nearly two-thirds for 12 months.

Border to Coast Pensions Partnership has hired three people to its investment team and two to its research team following a series of new fund launches.