Triple lock reaction: "Pendulum swung too much" in favour of retired

Follows WPSC report

Victoria McKeever
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Triple lock reaction: "Pendulum swung too much" in favour of retired

The state pension triple lock may have helped retired workers to regain benefits lost in the 1980s and 1990s but "the pendulum has swung far too much in their favour" at the expense of today's working population, according to Thomas Miller Investment wealth management MD Matt Phillips.

Commenting on the Intergenerational Fairness report, which was published yesterday by the Work and Pensions Select Committee (WPSC) and called for a review of the triple lock, Phillips said the policy's...

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