Around the world a pensions crisis is looming. Retirees are having their pensions cuts while governments and fund managers look for new strategies. Josephine Cumbo, pensions correspondent and Robin Wigglesworth, global finance correspondent tell Claer Barrett why pension funds are investing in riskier assets and what this means for the future of retirement.

Contributors: Claer Barrett, personal finance editor, Josephine Cumbo, pensions correspondent and Robin Wigglesworth, global finance correspondent. Producer: Persis Love

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Former pensions minister says the crisis means greater flexibility is needed 

Sector across region hit by fears of panicked mass withdrawals due to pandemic

Provider cites coronavirus market turmoil for uncertainty over valuations

Retirement plans have suffered tumbling asset values and ballooning liabilities

Market volatility has temporarily halted the £80bn final salary transfer market, yet there is increased desire to cash in 

Join a live discussion with FT’s pensions correspondent Josephine Cumbo at 12pm and 5pm UK time on Wednesday April 22 

The Pensions Regulator and former minister Sir Steve Webb take part in online debate 

Judicial review sought over alleged breach of 2015 law, claiming cost benefits should go to scheme members

FT survey estimates that 1 in 10 employers with defined benefit schemes may look to suspend payments

How will your retirement finances change BC and AC — before and after coronavirus?

Court rules government guidance that bans boycotts against foreign countries is unlawful

Industry regulator calls for vigilance over actions of employers during pandemic

Executive points to ‘heaps of liquidity’ as members get access to cash due to coronavirus

Sharp falls across financial markets in March have caused large drop in aggregate funded ratio

Move to capitalise on dislocations across market stemming from coronavirus pandemic

Covid-19 pandemic increases problems for retirement schemes already in deficit

You might not like the thought of paying tax on your pension contributions — but it’s coming 

German group’s battle to minimise financial damage from scandal hinges on test case

A source claimed that the soap star, 48, told one crew member: 'I know you want some of me,' in a break from filming for the 35th Anniversary special.

The 12-time Olympic medalist is competing in the US Open on Saturday in New York. His suspension ended on July 1, but Lochte skipped a race following the birth of his son Caiden.

Phamie Sutherland, 94, had been released from hospital hours before her carer visited her home in Lumphinnans, Fife. The carer was seen on camera roughly lifting and falling on top of her.

The 80-year-old pensioner contacted solicitors when she realised the destructive weed was in her garden, as it is illegal to let it grow in the wild. Preston City Council have paid her for damages.

WILL KELLEHER: Ken Owens might have avoided a suspension thanks to his wife, joked Warren Gatland. The Wales hooker was yellow-carded for a tip-tackle of Fiji No 8 Viliame Mata.

Diego Simeone and his players began their preparations for the restart at the club's Ciudad Deporutiba Atletico de Madrid complex after Spain relaxed lockdown measures this week.

Among the Chelsea Pensioners who lost their lives to the virus was Fred Boomer-Hawkins, 75, who became ill in the last week of March. Nine Chelsea Pensioners have been killed by the disease.

A pensioner who smuggled more than £53million worth of rare baby eels to the Far East from a barn in the West Country has been spared jail after lawyer argued he could catch the virus.

In shocking scenes set to air tonight in Channel 5's Fare Dodgers: At War with the Law, the officers Karen and Peter work with British Transport Police in a sting operation at East Ham station.

Staggering scenes saw a queue of hundreds of people snake round a Tesco car park at 6am, and even spill out on to the streets of New Malden, London.

Bette Williamson, 90, from Milton Keynes, Buckinghamshire, couldn't believe it when her son told her she was on one of the VE commemorative stamps. It features a shot of her celebrating in 1945.

The Absolutely Fabulous star, 74, was stocking up on supplies during the coronavirus lockdown and thrilled her fellow shoppers when they noticed her in the queue.

Military students from Saudi Arabia have resumed flight training at US bases, after a Saudi trainee shot and killed three US Navy sailors at Naval Air Station Pensacola in Florida.

Northern Irishman Rory Mcilroy showed off a few of his trademark moves including keepy-ups on his club before smashing the ball into the trees.

India's National Pension System (NPS) has bucked the downtrend triggered by Covid-19 outbreak and the subsequent nationwide lockdown to contain it. During the first three weeks of April, the scheme along with the Atal Pension Yojana (APY) has seen an upsurge in new enrolments and an increase in assets under management (AUM) of these programmes.ALSO WATCH: The CEO of mutual fund house explains how to invest your savings in the post-coronavirus world In financial parlance, NPS and APY are Central government backed schemes which are administered by Pension Fund Regulatory and Development Authority (PFRDA). The PFRDA is the statutory authority established by an enactment of the Parliament, to regulate, promote and ensure orderly growth of the NPS and the pension schemes to which this Act applies.75468072The

Ksenia Didukh, 83, was pronounced dead in Stryzhavka, west Ukraine, after medics were called and found her without a pulse, but was rushed to hospital ten hours later after showing signs of life.

Between 1987 and 1991 she served as an MP with the Radical Party and made headline-grabbing policy pledges, such as offering to have sex with Saddam Hussein in return for peace in Iraq.

Beatriz Haddad-Maia failed a urine test following a WTA Tour event in Croatia in June but was still able to play at Wimbledon, where she earned £72,000 in prize money.

Cerrone took some sickening blows from his opponent, taking several shoulder strikes, kicks and punches during the onslaught at T-Mobile Arena, leading UFC to medically suspend him.

The Royal Mail worker was caught in Manchester on Sardar Singh's, 70, 'smart doorbell' saying: 'Come on you black c**t, hurry up. Open your f****** [inaudible].'

Diego Simeone and his players began their preparations for the restart at the club's Ciudad Deporutiba Atletico de Madrid complex after Spain relaxed lockdown measures this week.

John Bercow is regarded by many as a reforming Speaker - but his time in the famous green chair has also been blighted by controversy over expenses, bullying and Brexit.

David Cameron has admitted he thinks about the EU referendum every single day and says he does not support Boris Johnson's suspension of Parliament.

Although some are still suffering trauma from tours of Iraq, Afghanistan and Northern Ireland, members of the armed forces now face working into their eighties after losing nest eggs worth up to £50,000.

Joan Cartwright, 92, was delighted after her grandson, Will and his wife, Jen, came round to introduce her to her sixth great-grandchild Holly. She leant out of her flat window in Horsforth, Leeds.

Pension freedom reforms will give people more decision-making power over their retirement savings. But as ever, the more you have, the more freedom you will enjoy.

Instead of being stuck with stingy annuities, retirees now have the freedom to dip into their pensions using income drawdown.

'Pension recycling' allows people to boost their retirement pot by generating extra tax relief - but anyone tempted risks a financial penalty if they overstep the rules.

Our pensions are changing - radically. Some say for better, others for worse. We say, make yourself as best informed as you can be with a copy of this super free guide.

Pension age deadlines are more fluid as older people have gained greater control over retirement dates and finances - but some birthdays are still markers for decisions and action.

Pension freedoms mean retirees can now invest their savings how they like rather than buy a stingy annuity. But what do you need to consider and plan ahead for when funding retirement this way?