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We’re all well aware of some of the harsh economic realities that will be part of the ‘new normal’ that emerges in the months ahead – but how the pandemic is likely to impact DB pensions members is perhaps less well-known, as we explain in this article.

The growing risks associated with cash and property are accelerating a shift towards pensions, especially with a growing number of British Muslims looking for an alternative to keeping cash in the bank or investing in residential property. Read on to find out more about what’s driving this trend.

Halal investing remains virtually unknown to UK investors, but following the recent launch of a Sharia-complaint workplace pension, SIPP and other saving products, backed by pension experts Options UK and Halal investment specialists Wahed Invest, it adds a fresh dimension to ESG and SRI investing.

It would be unfair to describe the phased introduction of workplace pensions (WPP) as anything other than an overwhelming success. From a standing start in 2012, by the end of 2019, more than 77% of the UK’s workforce had enrolled in a WPP with over one third (36%) registered as members of occupational defined contribution pension schemes. Yet the administration of many WPP schemes is less than perfect: frankly, they should be more accurate and efficient, systemic drawbacks that could compromise companies operating in an area which many describe as a ‘minefield’ – and with some justification.