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...

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

Aviva writes £0.6bn of BPA volumes in Q1 2026

Aviva writes £0.6bn of BPA volumes in Q1 2026

Insurer says lower BPA volumes so far this year reflect a more ‘subdued’ market

Martin Richmond
clock 14 May 2026 • 2 min read
UK economy grows 0.6% in Q1 despite Middle East conflict

UK economy grows 0.6% in Q1 despite Middle East conflict

Services output grows 0.8%

Linus Uhlig
clock 14 May 2026 • 1 min read
News Digest: Waspi campaign; Will L&G be the City's next domino to fall?

News Digest: Waspi campaign; Will L&G be the City's next domino to fall?

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 14 May 2026 • 1 min read
Trustpilot