The Covid 19 crisis has dominated thinking and planning for the past year but now, as the dangers are apparently receding, old issues about pensions and benefits are re-emerging and some now ones have appeared. The Department for Work and Pensions needs to prepare for the changes in the world of work that have been accelerated by the pandemic. It also needs to ensure that the systems and benefits now in place are adequate to meet new and sometimes greater needs that have been revealed. In the light of the new pension freedoms of the past decade, it is necessary to ensure that savers can safely exercise and enjoy these freedoms. Pension stewardship has also become a critical issue with increasing pressures to divert investment from fossil fuels to renewable energy. The Rt Hon Stephen Timms MP, Chair of the Work and Pensions Select Committee, will outline the current work of the committee and lead a discussion of such issues.
Responses from:
Anna Coote, Principal Fellow, New Economics Foundation
Mark Baker, Partner, Pinsents Masons LLP