There have been recent discussions over the future of the triple lock, which guarantees an increase to the pension rate every year.
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The triple lock promise, which was first introduced in 2011, guarantees that the State Pension will increase each year by the..
Marygold & Co has warned it is uncertain how much the state pension increase will be.
Chancellor Reeves is facing a £1.3bn “triple lock” headache as spiking inflation pushes up the cost of the state pension.