Briefing Note 120 - The pensions implications of COVID-19
The Pensions Policy Institute (PPI) is today publishing The pensions implications of COVID-19. This Briefing Note explores the impact that the 2020 coronavirus (COVID-19) pandemic may have on pensions now and in the future. It explores likely impacts in terms of:
- Stock market volatility and its effects on DC pot sizes and DB scheme sponsors’ ability to deliver on member promises.
- Employment and the Government Job Retention Scheme.
- The effects on different age groups, including younger workers, those approaching retirement and those already in retirement.