ONS

England and Wales have seen a fourth successive week of increasing excess death figures as the countries battle through the second wave of the coronavirus pandemic.

All-cause mortality remains higher than levels observed last year with the number of weekly deaths related to Covid-19 surpassing 1,000.

The Continuous Mortality Investigation (CMI) has labelled statistics which show two months of deaths below 2019 levels as “modest”, warning of high excess figures.

Pension providers need to look for more innovative ways to improve engagement with their employees, according to Aegon.

There were 7% less deaths registered in week 26 of 2020 than if death rates had been the same as week 26 in 2019, according to the Continuous Mortality Investigation (CMI).

The Continuous Mortality Investigation’s (CMI) mortality monitor has recorded a lower number of week-on-week deaths comparative to 2019 for the first since the outbreak of Covid-19 in the UK.

Close to £10bn was transferred out of defined benefit (DB) pension schemes in the last quarter of 2019, according to figures from the Office for National Statistics (ONS).

Nigel Sillis looks at how UK pension schemes could fare in a market environment with negative yields and interest rates.

The number of people turning 55 and becoming eligible to use the pension freedoms will hit a peak of 941,000 this year, according to Aegon.

Covid-19 has presented the ONS with significant problems calculating inflation during lockdown. Latest Institute for Fiscal Studies research examines the challenges faced.