A retirement expert has urged pensioners to check over their budgets
Triple lock 'gap is narrowing' warning ahead of September and October dates
A retirement expert has urged pensioners to check over their budgets
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Money
Nicholas Dawson
Some key changes to the state pension are taking place now
Experts warn frozen tax thresholds could drag more pensioners into paying income tax
The triple lock guarantees the state pension rises every April whichever is higher out of inflation, wages or 2.5% - but should…
Under the triple lock, the UK’s state pension rises each year by whichever is highest out of inflation, wage growth or 2.5%.
State pension payments increase each year in line with the triple lock
The state pension is already by far the biggest area of welfare spending. Politicians must work to keep it under control.
