Covid 19: Top tips for DB schemes and LGPS funds

Covid-19 has caused significant disruption to economies worldwide, with policymakers, businesses and individuals dealing with a wide variety of challenges brought about by the rapidly evolving situation.

DB pension schemes and LGPS funds face a number of tough challenges around covenant strength, funding, investment, governance and communications to members. As trustees or governance bodies you may have already taken some immediate steps to deal with the current situation. 

This document is designed to support you both on additional near-term issues as well as in your longer-term thinking about what actions you need to take over the coming months.