A slump in inflation caused by economic damage from the coronavirus could pave the way for the abolition of the state pension ‘triple lock’, according to pension consultants Lane Clark and Peacock (LCP).
The firm modelled the likely level of inflation over the coming months based on three economic scenarios - whether the economy is ‘stuck in the doldrums', ‘steady as she goes' or enjoying a ‘bounce back'...
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£5m in tax receipts
41% of advisers report rise in client ESG queries