Tag: Triple lock
Labour’s triple lock pledge may soon be reversed as ‘system is not sustainable’
State pension payments increased 4.1 percent this year under the triple lock. …
Claimants born after 1951 could be due an extra £657 from April
The state pension is set to rise from April 2026, with claimants potentially seeing an increase to payments of up to £657, if the Triple Lock is upheld …
Martin Lewis issues state pension tax update to all state pensioners
Money expert Martin Lewis has confirmed exactly how it works for state pensioners who will owe tax on their state pension. …
State pension triple lock in chaos as country faces ‘retirement nightmare by 2040’
Britain could be “sleepwalking into a retirement nightmare”, an investment expert has warned. …
Martin Lewis gives personal tax allowance £12,570 state pension freeze update
Personal finance expert said he had been asked by many about the possibility of state pensions being taxed next year due to ‘fiscal drag’ …
State pension Triple Lock ‘at risk of going bust’
The rising unaffordability of the State Pension is ‘in great part\’ due to the ratcheting effect of the Triple Lock, a thinktank says. …
State pension age ‘will have to increase by 8 years’ as new warning issued
The state pension age may have to increase by as much as eight years if steps aren’t taken by the government to cut pension spending, the IFS has warned. …
Call to scrap state pension triple lock ‘urgently’ with ‘4 point guarantee’ instead
The state pension Triple Lock system must be replaced with a new 4-point guarantee system, the government has been told. …
DWP State Pension payment dates in July based on two-digit code
Both the basic and new State Pension have been uprated by 4.1% this year in line with the triple lock. …
Pension warning as new rule could threaten millions with savings
Experts have expressed their concern about a piece of legislation due to have its second reading next week. …
