The state pension is forecast to hit £200 per week in 2024 despite only being subject to the 'double lock' in 2022.
Based on the latest forecasts from the Office for Budget Responsibility (OBR), and calculations by Lane Clark & Peacock (LCP) partner and former pensions minister Sir Steve Webb, the firm suggested...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
