Brexit

Despite Brexit, indirect EU impacts are expected to influence how UK schemes and their asset managers stay alert to ESG issues, writes Charlotte Moore.

After a tumultuous year for every industry, James Phillips says 2021 can give the pensions industry and government a chance to tackle the long-term needs in retirement savings.

More members transferred out of defined benefit (DB) pension schemes in October after September's record lows while values were surprisingly stable, according to XPS Pensions Group's Transfer Watch.

Supply will need to be rebuilt following the forced shutdown, potentially pushing up inflation and reasserting the need for adequate hedges, writes James Phillips

Much like when selling a house, DB plans need to tidy up before approaching the bulk annuity market, says David Ellis.

This week’s top stories included a warning from Lincoln Pensions on the “triple whammy” faced by sponsor covenants, while MPs called for further input on the Pension Schemes Bill.

Sponsor covenants are facing a “triple whammy” moving into 2021 as the effects of Covid-19, Brexit and macro-economic conditions combine, Lincoln Pensions warns.

Brexit remains a key area of concern for pension schemes as discussions over a potential trade deal with the EU continue to intensify, according to a PP poll.