News

The coronavirus pandemic is unlikely to curb pension scheme enthusiasm for buy-ins and buyouts, says Hymans Robertson.

NFP – a US-headquartered, private equity-owned insurance broker and consultant – has bought Johnson Fleming in a bid to expand its international offering.

The actuarial valuations of at least a quarter of UK defined benefit (DB) pension schemes are likely to have been “badly impacted” by coronavirus-related disruption to markets, says Aon.

The number of deaths registered in the UK in the week ending Friday 10 April (week 15) was 77% higher than expected if using the same standardised mortality rates as 2019, says the Continuous Mortality Investigation (CMI).

Savers should not rush into making rash changes to their pensions, the government has warned as the Covid-19 crisis continues to hit financial markets.

Scottish Widows has temporarily extended its quote guarantee period for annuity applications in a bid to support advisers and customers during the Covid-19 crisis.

Kempen Capital Management has announced it has completed the transfer of two new fiduciary management mandates.

Professional Pensions’ publisher, Incisive Media, has agreed to acquire the highly-regarded reviews platform Trusted Reviews, www.trustedreviews.com, from TI Media.

Hundreds of employers are to seek to make use of deficit repair contribution (DRC) suspensions, says Lane Clark & Peacock (LCP).

The Pensions Regulator (TPR) has issued further guidance for employers with pension obligations making use of the government’s Coronavirus Job Retention Scheme.