Tories pledge 'triple lock plus' ahead of general election

Industry says government's triple lock plus plan 'freezes out the younger generations'

Professional Pensions
clock • 3 min read
Tories pledge 'triple lock plus' ahead of general election

The Conservative Party has committed to raising the tax-free pension allowance through a new ‘triple lock plus’ policy if they win the upcoming general election.

This plan will ensure that the personal allowance for pensioners increases by at least 2.5% or in line with the highest of earnings or inflation, whichever is greater. Prime minister Rishi Sun...

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