Major pension bodies unite to help Britain through Covid savings crisis

Seven major pension bodies have joined forces to guide Britain through the savings crisis, after pension pots have taken a beating in the market downturn and savers have fallen prey to a rising number of scams. 

Pension savers have made a huge number of inquiries following concerns about the security of their retirement pot, prompting the largest bodies to publish a manual to reassure scheme members. 

The 25-page document answers the most frequently asked questions and outlines all the protections that are in place to shield pension savers from financial harm during the pandemic. 

The long list of questions and

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Major economies reopen but traffic still 60%: Google data

BERLIN/PARIS/TOKYO — Countries around the world have begun easing lockdowns as the spread of the coronavirus slows, but economic revival plans are being stymied by many residents’ continued reluctance to risk venturing out.

Smartphone location data from Google shows that mobility in 17 major economies stood at 64% of the pre-pandemic baseline as of May 13, based on a seven-day moving average. This does not include China and Russia, for which no data is available.

While this is higher than the roughly 50% level in mid-April, when global limits on movement were strictest, it suggests that daily life will not

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Coronavirus latest: Japan eyes lifting emergency outside major prefectures

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 3,925,815, according to the World Health Organization.

The worldwide death toll has hit 274,488.

To see how the disease has spread, view our virus tracker charts:

(Source photo by AP) 

Here are the latest developments (Tokyo time):

Monday, May 11

6:24 a.m. Japan considers lifting the state of emergency declaration in most prefectures this month, although it will keep urging caution in Tokyo and some other areas.

6:22 a.m. China locks down a

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China’s supermarket major posts fat profit as consumers stay home

Yonghui Superstores Co. Ltd., one of China’s leading supermarket operators, saw its business surge in the first quarter as its traditional stores and newer online business benefitted from millions of Chinese people staying home during the COVID-19 outbreak.

Yonghui shares have climbed steadily since the start of the year, rising as much as 45%, as investors bet the company could be a big beneficiary of the outbreak that caused many restaurants to close and encouraged more people to cook at home. The gains were even more impressive as the closure of many businesses during the quarter sent shock waves through

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