NEWS   |    March 24, 2020

Keeping calm about Covid: Arc’s practical note to help you manage the impact of Covid-19 on your pension scheme

Trustees and sponsors are having to rapidly assess the impact of Covid-19 on their pension schemes. Things are uncertain and changing day by day, so we must all work together to steady the ship as best we can. Arc is committed to supporting its clients through the next few weeks and months. Below are some practical considerations for those involved in running pension schemes to help them mitigate the risks and support members.

If you would like to discuss the impact on your specific scheme get in touch with your usual Arc contact. The Pensions Regulator has produced guidance, which emphasises the importance of monitoring the risks and putting contingency plans in place.

We’re here to help. To read and download our practical note, please click here.

The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.

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