Image:
State pension increase revealed next week after triple lock suspension
Millions of pensioners will find out how much their state pension will increase by in 2022/23 next week after the government suspended the triple lock guarantee due to the concern that a post-pandemic rise in average earnings would have caused the benefit to rise 8%.
Concerns of a dramatic surge in state pension date back to August when the Office for National Statistics (ONS) published data on average earnings, igniting Boris Johnson's fears the benefit would be massively...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
