Windfall for pensioners as inflation hits five year high
LTA will rise to £1,030,000
UK pensioners are set to see their state pension payouts grow and lifetime allowance rise thanks to the highest inflation rate since April 2012, at 3%.
On Tuesday data from the Office for National Statistics showed inflation increased from 2.9% in August to 3% in September. This is good news for pensioners who will see their state pension grow by at...
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