Pensions Post-Covid

Pension pots have recovered this year but the coronavirus could still knock people off course from their retirement plans

James Gard 17 November, 2020 | 9:29AM

Pound notes

While the UK and much of Europe has re-entered lockdown, the prospect of a coronavirus vaccine and a new President in the White House have boosted investor confidence as well as the value of pension pots linked to the stock market.

This year’s events have had a deep impact on household finances in the UK, but have they made permanent changes to retirement plans? The official data paints a mixed picture, and advisers say that while there has been little evidence of panic among potential retirees, there has been a big shift in attitudes.

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About Author

James Gard  is content editor for Morningstar.co.uk

 

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