This weekend the Prime Minister pledged that a Conservative government would keep the ‘triple lock' for increases to the basic state pension for the length of the next parliament. But what would David Cameron's promise actually mean for pensioners?
What effect has the triple lock had? The triple lock, which guarantees an annual increase in line with inflation as measured by the consumer prices index (CPI), average earnings or 2.5%, whichev...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
