09 February 2021 - Late morning - Login for venue
The pandemic has transformed levels of state support for personal incomes and benefits, and highlighted some current and past shortcomings in such support. Key questions now relate to the withdrawal of emergency support and the need for for a future, more rational, and perhaps more generous approach to pensions and benefits. To explore such issues, Jonathan Reynolds MP, Shadow Secretary of State for Work and Pensions, and Anna Coote Principal Fellow of the New Economics Foundation led a wide-ranging Industry Forum online round table on the topic of ‘An integrated approach to pensions and benefits in recovery from the pandemic’. Topics covered included the triple lock on retirement pensions, inter-generational asset inequality, universal credit, the pension dashboard and how reform based on the goal of universal basic services would operate. Some new thinking is needed and decisions taken will affect government spending levels and how successfully the country recovers from the pandemic.