Richard Mattison: How advisers and providers are remodeling post-pandemic pensions

The upheaval from the economic and legislative reaction to the Covid-19 pandemic has in turn thrown the nation headlong into what could be its worst recession ever. But what does this all mean for personal finance and pensions in particular? The public has reacted by paying off record amounts of unsecured debt, mainly credit card bills, overdrafts and loans. In April alone £7.4bn was paid off by Britons, the highest figure for monthly debt repayment since records began in 1993. Similar housekeeping has been undertaken by IFAs and their pension planning clients. As administrators of 1,...