Christine Hallett: Pandemic raises big questions on DB pension benefits

Post-pandemic DB pensions

clock • 5 min read

We are all well aware of some of the harsh economic realities that will be part of the ‘new normal’ that emerges in the months ahead but how the pandemic is likely to impact DB pension members is perhaps less well-known, writes Christine Hallett

The UK's hugely successful vaccination programme has ensured that for the first time in months, the prospect of a relatively normal form of post-pandemic life emerging in the foreseeable future finally appears realistic. Reports in late February suggested that the nation's inoculation drive could be extended to people aged as young as 40 within a few weeks. Light has, it seems, been spotted at the end of a very long, pitch-dark tunnel.    However, optimistic suggestions that the return to a form of normality could provide the catalyst for a colossal consumer spending spree were recent...

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