Help Centre for Payroll bureaux

Has the COVID-19 pandemic affected the value of employees’ pension savings?

Yes. The economic impact of the COVID-19 pandemic caused the Diversified Growth Fund’s value to fall by 11% in March 2020. As a result, its performance up until 31 March 2020 was negative. This is reflected in employees’ benefit statement for the 2019-2020 Scheme year.

However, the fund’s value has recovered since the end of March. You can see the latest fund prices here.

NOW: Pensions has a good technical infrastructure combined with a pension product suitable for our team. We couldn’t be happier with NOW: Pensions.
Martin Woods,