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
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
