Latest articles from Maria Espadinha

Nest and DWP to analyse Covid-19 impact on self-employed savers

On the go: The government-backed master trust is to examine the financial impact of Covid-19 on self-employed people, with the pandemic delaying its practical tests expected this year.

Calls for govt to rethink auto-enrolment contributions

On the go: Wealth manager Quilter is urging the government to allow low earners who opt out of auto-enrolment to still receive their employer pension contributions.

Redundant local civil servants face pension cut

Public sector members of the Local Government Pension Scheme aged above 55 who are made redundant and want to retire early will face a cut to their benefits, according to new rules proposed by the government.

Marathon scheme completes £610m buy-in with Rothesay Life

On the go: Oil and gas production company RockRose has completed a full £610m buy-in with Rothesay Life for the Marathon Service Limited Pension and Life Assurance Scheme.

PPF levy expected to increase due to Covid-19 impact

As insolvencies ramp up and more defined benefit schemes are expected to end up at the Pension Protection Fund, the lifeboat might need to increase its levy to face a multibillion-pound hit, amid several other solutions, analysis from LCP shows.

Hitachi completes £275m buy-in with L&G

On the go: The Hitachi UK Pension Scheme has agreed a £275m buy-in transaction with Legal & General that covers the remaining deferred members and retirees, after a similar deal in 2018 with Scottish Widows.

Small bulk annuity transactions increase 20%

On the go: The first half of 2020 saw a near 20 per cent increase in the number of bulk annuity transactions under £100m, when compared with the same period last year, according to analysis from Aon.

USS delays scheme valuation

On the go: The Universities Superannuation Scheme has been forced to delay its valuation by two weeks, due to the “urgent and difficult matters relating to A-level results and admissions”.

Covid-19 adds £10bn to inflation woes

As the government’s consultation to make changes to the retail price index draws to a close, the impact of aligning the inflation measure with the consumer price index including housing costs has increased by £10bn due to the pandemic.

TPR to make changes to DB funding ‘fast-track’

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Podcast: The Pensions Regulator will make changes to the fast-track approach proposed in its defined benefit funding consultation due to the impact of Covid-19, revealed its executive director of regulatory policy, analysis and advice David Fairs.