1. Treasury officials mull one-off break from pensions triple lock
5 days ago · Treasury officials are discussing a one-off break from the pensions triple lock that could save £1bn by preventing a bumper 8.5% increase in the ...
Government insiders believe they can justify ‘tweaking’ formula that decides pension increase in order to save £1bn
2. There's a solution to the triple lock standoff: means-test it
3 days ago · The triple lock was suspended in 2022, when it became clear that pensioners were on course for a pay raise at the same time that younger, ...
The great state pension promise – with a bill of £4.8 trillion – is difficult to sustain
3. Triple lock means state pension set to rise by 8.5% in April - BBC News
6 days ago · Triple lock means state pension set to rise by 8.5% in April ... The state pension is likely to rise by 8.5% in April after data crucial to the so ...
It will be the second significant rise in the state pension in two years, but could pull more into paying tax.
4. The case for retiring Britain's triple lock on pensions - Financial Times
1 day ago · The Conservative party's triple lock has meant the government now spends an additional £11bn per year on state pensions, compared to a rise in ...
Linking payments to earnings growth is fairer and more sustainable
5. triple lock - latest news, breaking stories and comment
Sunak hints that pension 'triple lock' will stay in autumn statement ·
Fortunately for the nation's older folk, the Conservative Party is terrified of.
The latest breaking news, comment and features from The Independent.
6. State pension rise due to triple lock 'unfair' on benefits claimants
5 days ago · The state pension rise according to the triple lock, meaning it will rise by wage growth, will mean benefits recipients could be left ...
The state pension rise according to the triple lock, meaning it will rise by wage growth, will mean benefits recipients could be left behind.
7. Triple lock to provide 'substantial' rise in state pension for second year ...
6 days ago · State pensions are set for a "substantial" 8.5 per cent increase in April 2024 under the triple lock mechanism, with the new state pension ...
state pension, triple lock, investment,
8. State pension triple lock - Latest news, pictures, video and comment
4 hours ago · Discover all the latest state pension triple lock news and updates - From pictures and video to opinion, comment and more.
Discover all the latest state pension triple lock news and updates - From pictures and video to opinion, comment and more.
9. triple lock pension - latest news, breaking stories and comment
Johnson and Sunak 'at odds over changes to pensions triple lock' · Covid recovery will prompt huge hike in state pension payments · Treasury 'considers public ...
The latest breaking news, comment and features from The Independent.
10. Sunak's Downing Street 'committed' to state pension triple lock despite ...
6 days ago · Downing Street has said it remains "committed" to the pensions triple lock amid a debate about its cost to the public purse. The triple lock is ...
Despite a firm commitment from Number 10, Mel Stride, the work and pensions secretary, suggested pensioners may not get the 8.5% increase in the state pension that earnings figures suggest - as the terms of the lock may still leave room for the government to save money.
11. Sunak Risks Tory Backlash With Review of UK Pensions Guarantee
6 days ago · The UK government is considering changes to the way the “triple-lock” for state pensions is calculated next year amid an escalating debate ...
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12. Pensions triple lock adds £11bn a year to public spending - report
Sep 8, 2023 · The triple lock for state pensions has led to an extra £11bn being spent on the benefit per year, new research has shown. A report by the ...
The Institute for Fiscal Studies says continuing the long-standing Conservative policy could cost between an extra £5bn and £45bn a year by 2050.
13. The State Pension triple lock will be honoured in 2023 – here's what it ...
However, in his autumn statement, the chancellor confirmed that the triple lock would be honoured in 2023, resulting in a considerable increase to the State ...
The chancellor has confirmed that the “triple lock” will be honoured in 2023. Here, you can find out how the State Pension will change, and what it means for you
14. UK State Pension Triple Lock: How it Works + 3 Key Benefits - Yonder
6 days ago · The UK government's triple lock policy protects your retirement income from inflation. While the current government has committed to continue ...
Learn how the triple lock on the UK State Pension protects it from inflation. Also, explore four ways to make your pension income inflation-proof.
15. UK PM Sunak commits to triple-lock pension policy despite inflation
Aug 16, 2023 · The pension triple lock is a government promise to raise publicly funded pensions by the level of earnings, inflation or 2.5%, whichever is ...
British Prime Minister Rishi Sunak said he was committed to the government's mechanism for increasing state pensions even though it is likely to cost billions of pounds more than usual given high inflation.
16. Pension triple lock: what is it and why is it changing? - Unbiased
Feb 15, 2023 · A key part of previous budget commitments since its introduction in 2010, the triple lock ensures the UK state pension continues to rise each ...
The government has confirmed its plan to suspend the ‘triple lock’ for state pension increases. Find out more about the plans and what it means for you here.
17. Do these numbers put the State Pension triple lock at risk?
5 days ago · That's because the September number is used to work out State Pension rises under the 'triple lock' - the government's promise to raise the full ...
Get market news, fund ideas and the latest investment insights from Fidelity’s savings & investment experts. Helping you make the most of your money.
18. What is the state pension triple lock - Times Money Mentor
6 days ago · However, on 17 November 2022, the Treasury confirmed that the triple lock guarantee will be reinstated. This means that state pension income ...
The Prime Minister has promised to keep the triple lock on state pensions despite wages rising by over 8%. We explain how it works
19. State Pension if you retire abroad - GOV.UK
You will not get yearly increases if you live outside these countries. Your pension will go up to the current rate if you return to live in the UK. Get advice.
How to claim State Pension if you're overseas - payment, tax, change of circumstances - contact the International Pension Centre
20. Latest State Pension Triple Lock news and analysis - iNews
Latest news, analysis, and comment on the state pension triple lock from the inews.co.uk · The seats where the Blue Wall could 'collapse' as Tories fear pension ...
Latest news, analysis, and comment on the state pension triple lock from the inews.co.uk
21. Millions on state pension set for HUGE triple lock rise as exact amount ...
6 days ago · The triple lock protection means the state pension rises each year in line with the highest out of 2.5%, wage rises or inflation. Wage rises are ...
Average pay - including bonuses - went up by 8.5% between May and June, new data shows. This means the state pension is likely to go up by at least the same amount
22. People on State Pension could find out new Triple Lock uprating for ...
7 days ago · Earnings growth · September CPI inflation rate · Top Money Stories Today · Estimated State Pension payments from April 2024 · Current Annual Full ...
ONS figures due to be published on Tuesday could be the driving force behind the State Pension pay rise in April.
23. Pensions Triple Lock News - NewsNow
NewsNow brings you the latest news from the world's most trusted sources on the State Pensions Triple Lock. Since 2011, the Triple Lock has ensured that the ...
Read the latest Pensions Triple Lock headlines - updated 24/7/365. We link to the best sources from around the world. Get the latest on the Pension Triple Lock...
24. Ministers warn state pension triple lock is 'not sustainable ... - Daily Mail
6 days ago · Under the triple lock, the payouts go up in April by the highest out of average earnings, CPI inflation or 2.5 per cent.
Under the triple lock, the payouts go up in April by the highest out of average earnings, CPI inflation or 2.5 per cent.
25. What is The Triple Lock On State Pensions? - Moneyfacts
6 days ago · Last tax year the Government kept the triple lock in place. It meant that the state pension rose by 10.1%, the UK's rate of inflation in ...
In its 2019 manifesto, the Conservative Government pledged to keep the triple lock in place for the duration of its Parliament, but could rising wages force them to abandon this promise? Below we explain how the triple lock works, and why it will be an important part of the Government's manifesto.
26. “Well over half a million more pensioners set to be dragged into ...
6 days ago · The Triple Lock was a Conservative manifesto commitment in 2019, and has already been broken once – in April 2022 – when benefits increased by ...
The Table shows the current rate of ‘basic’ state pension for those who reached pension age before 6th April 2016 and the ‘new’ flat rate state pension for
27. What is the pension triple lock? | Evening Standard
6 days ago · The current Chancellor, Jeremy Hunt, previously confirmed that the triple lock will be protected, meaning pensioners will also get a rise in ...
The triple-lock guarantee was put in place to protect pensioners from having their state pension increase exceeded by the rising cost of living
28. Rishi Sunak swerves calls to guarantee pension triple lock in ...
5 days ago · The triple lock guarantees an increase of the state pension in line with average earnings, inflation or 2.5%, whichever is highest. Ministers ...
The Prime Minister defended his Government’s record on pensions when challenged by the SNP.
29. State pension triple lock at risk as cost balloons - Moneyweek
4 days ago · The cost of the state pension triple lock could be far higher than expected due to record wage growth. Will the government keep the policy in ...
The cost of the state pension triple lock could be far higher than expected due to record wage growth. Will the government keep the policy in place in 2024?