The triple lock’s 2.5% rule is set to be triggered following a low CPI annual rate and low earnings figures, offering pensioners 2% above inflation.
On Wednesday (21 October) the CPI annual rate for the year to September was revealed to be 0.5%, while earnings figures, released in July, stood at -1%. As a result, the 2.5% rule on the triple lock...
40,000 new plans bought
Speed of deal 'remarkable'
Schemes that help savers with later life planning as part of a government trial will receive a £400,000 funding boost, the Department for Work and Pensions (DWP) has revealed.
Some traits are bigger earners
Run by Money and Pensions Service