Industry supports triple lock pledge

Michael Klimes
clock • 5 min read

The industry supports the pledges of the main parties to keep ratcheting up the state pension through the triple lock.

The mechanism, which increases the benefit by the highest of consumer prices index inflation, average wage increases, or 2.5% has been branded "absurd" by the Institute of Fiscal Studies. But a ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Number of centenarians in the UK doubles over the last 20 years, ONS data shows

Number of centenarians in the UK doubles over the last 20 years, ONS data shows

The number of people who lived to 100 years old or older reached 16,600 in 2024

Martin Richmond
clock 21 October 2025 • 1 min read
Pension transfer times speed up steadily during 2025

Pension transfer times speed up steadily during 2025

Origo Transfer Index showed average simple transfer took 10.7 days to complete in Q3

Holly Roach
clock 21 October 2025 • 1 min read
Pensions Commission is opportunity to end Budget tax speculation, Pensions UK says

Pensions Commission is opportunity to end Budget tax speculation, Pensions UK says

Trade body warns changes to pensions tax could ‘erode’ trust in system

Martin Richmond
clock 21 October 2025 • 3 min read
Trustpilot