The economic impact of the Coronavirus pandemic has pushed back FTSE350 DB scheme endgames with the average time to buyout rising 18 months on average, according to new research.

Hargreaves Lansdown has praised the “indefatigable” chair of the Work and Pensions Committee, Frank Field MP, as he launched an inquiry into Government plans for pensions.

Demand from high-net-worth clients for guidance on Defined Benefit pension schemes increased five fold last year, a wealth firm has revealed.