News

This week’s top stories include the National Pension Trust topping a defined contribution (DC) default fund performance league tables for 2019. Also, The Pensions Regulator will require trustees to issue savers who wish to switch from a defined benefit...

Half of UK pension schemes have sent “reassuring communications” to members during the Covid-19 pandemic, according to Aon.

The Pensions Regulator’s (TPR) annual funding statement aims to keep up pressure on schemes but tries to avoid putting undue strain on employers at a time of crisis, the industry says.

The ongoing coronavirus pandemic will encourage many people to reconsider their pension benefits and The Pensions Regulator’s (TPR) warning to stay put in defined benefit (DB) schemes is likely to be ignored by many, Premier says.

The Pensions Regulator (TPR) has published its 2020 annual funding statement outlining how defined benefit schemes should approach forthcoming scheme valuations.

More than double the amount of deaths were registered in week 16 of 2020 compared with the same period in 2019, according to the Continuous Mortality Investigation (CMI).

The Leonardo Electronic Pension Scheme has concluded a £160m pensioner buy-in with Just Group in the scheme’s first risk transfer exercise.

Pension schemes should be unconcerned that Pension Protection Fund (PPF) levy bills will rise drastically this year as a result of the Covid-19 crisis, the lifeboat fund says.

Pension scheme members looking to transfer from a defined benefit (DB) to a defined contribution (DC) pension during the Covid-19 crisis will be warned it is unlikely to be in their best long-term interests in a letter from regulators and schemes.

The National Pension Trust’s global equity fund has been named as the best performing growth phase default fund over one and three years in a research report published by Defaqto.