Home > Catalogo > Innovation in Business, Economics & Finance > A New World Post COVID-19 > The Implications of the COVID-19 Pandemic for Pensions
cover
cover

The Implications of the COVID-19 Pandemic for Pensions

Charles Sutcliffe    The ICMA Centre, Henley Business School, University of Reading, UK    

DOWNLOAD PDF

abstract

COVID-19 and the lockdowns have had a big global economic effect, as well as increasing mortality. We examine the effects of COVID-19 and the resulting relaxations of pension regulations on pension schemes. Those who transfer their pension or withdraw cash from their pension pot while asset prices are depressed by COVID-19 are losers; as are members of defined benefit schemes with a deficit whose employer fails due to COVID-19. The increased mortality from COVID-19 will have a minimal effect on pensions. If economies recover to pre-COVID-19 levels, the long run effects on pensions should be small.

Pubblicato
31 Luglio 2020
Accettato
30 Giugno 2020
Presentato
03 Giugno 2020
Lingua
EN
ISBN (EBOOK)
978-88-6969-442-4