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.
Cash equivalent transfer values (CETVs) were "significantly impacted" in a number of key areas by the Covid-19 pandemic, according to research by Barnett Waddingham.
Defined benefit (DB) pension schemes must stay alive to heightening risks to funding from sponsor covenants, climate change and longevity experience, The Pensions Regulator (TPR) says.
Trustees have been warned to keep an eye on weakening employer covenants even after a positive aggregate funding experience in the last three years as myriad funding and investment issues pose risks to defined benefit (DB) schemes.
Pension schemes were able to show and maintain their resilience throughout the events of 2020, according to Aon.
After initial fears, the future of admin looks positive. Holly Roach reports.
The financial impact on defined benefit (DB) schemes from the Covid-19 pandemic is “likely to be marginal”, and only in the event of continued substantial additional deaths for many years would there be a significant reduction in UK DB scheme liabilities,...
The UK economy returned to growth in February, expanding by an estimated 0.4% even as nationwide lockdowns remained in place, although GDP output remained 7.8% below a year earlier, according to the latest figures.
Laura Chappell looks at how the lockdown has impacted mental health and why there is a human and business case for making sure help is available when employees of any seniority need it.
The increase in financial scams during the last 12 months has promoted calls from all corners of the pensions industry for better support for savers.
The Continuous Mortality Investigation (CMI) has found a lower cohort life expectancy for both men and women in its 2020 table, even after zero-weighting data related to Covid.