Windfall for pensioners as inflation hits five year high

LTA will rise to £1,030,000

clock • 2 min read

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 ...

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

Schemes must plan effectively as 2026 set to be 'significant' for pensions

Schemes must plan effectively as 2026 set to be 'significant' for pensions

Vidett says endgame planning, DC consolidation and dashboards will keep industry busy

Holly Roach
clock 15 January 2026 • 2 min read
Vidett acquires Bridgehouse Company Secretaries

Vidett acquires Bridgehouse Company Secretaries

Acquisition of corporate governance firm broadens Vidett’s offering

Jonathan Stapleton
clock 15 January 2026 • 1 min read
UK economy swings back into growth with 0.3% rise in November

UK economy swings back into growth with 0.3% rise in November

UK gross domestic product (GDP) grew by 0.3% in November 2025, according to the Office for National Statistics.

Cristian Angeloni
clock 15 January 2026 • 1 min read
Trustpilot