News

The triple lock, which came into force in 2011, means that the state pension rises each year in line with either inflation, ...
The future of the state pension is under the spotlight again. Fresh calls to scrap the triple lock guarantee have raised ...
The triple lock, introduced in 2011, means the state pension rises each year by the highest of inflation, wage growth, or 2.5 ...
The Office for Budget Responsibility's (OBR) forecast that the triple lock will cost £15.5bn annually by 2029-30, three times ...
The watchdog said that the triple lock – which ensures the state pension rises in line with whichever is highest of inflation ...
A new IFS report is warning the DWP that keeping triple lock affordable would mean drastically raising the state pension age ...
The government's official forecaster predicts the annual cost to taxpayers will increase to £15.5billion a year.
The OBR is being far too optimistic in its assumptions about productivity growth in the UK – meaning the scale of the country ...
The UK currently spends 4.9 per cent of GDP on state pensions — well below the Organisation for Economic Co-operation and Development (OECD) average of 7.7 per cent. But thanks to the triple lock and ...
The state pension age is currently 66, but is rising to 68, with the Institute for Fiscal Studies warning that the triple ...
But the Triple Lock is currently set to be determined by the earnings growth element, which stands at 5.5 per cent. It means ...
Britain’s state pension could become financially unsustainable as early as 2036, despite recent increases in National ...