Global Mobility and Employment Tax

COVID-19: Pension Schemes Funding – How To Approach The Next Normal

COVID-19: Pension Schemes Funding – How To Approach The Next Normal
Thursday 23 April, 12:00 BST/13:00 CEST
Host: Sankar Mahalingham
Presenters: Karen Parker, Yona Chesner, Tom Whitely

The coronavirus pandemic is placing the funding, investment and covenant position for UK defined benefit pension schemes under pressure. Investment instability and a sharp increase in deficits have coincided with the financial pressure the crisis has on many scheme sponsors across a multitude of organisations. What are the medium and longer-term impacts of COVID-19 on sponsors, trustees and ultimately members of defined pension schemes? We’ll discuss:

  • The balance between appropriate levels of cash contributions and maintaining the strength of the sponsor and the level of investment risk taken.
  • How the changing economic and regulatory environment should influence longer term pension objectives and investment strategy.
  • Different types of security that might help to bridge the gap between the sponsor and the pension scheme trustees.
  • How to deal with the implications for scheme valuations currently under way.

Find out how to ensure the continued viability of business and how to reconcile this with ongoing pension scheme funding commitments.

Register for this webcast