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"With inflation returning to the economy, the value of protection against rising prices is not to be underestimated" - AJ Bell's Tom Selby
With inflation coming in below expectations in September, the state pension is set to rise 2.6% from April next year - slightly below the 3% increase seen in both 2017 and 2018.
The Office for National Statistics today confirmed Consumer Prices Index (CPI) inflation stood at 2.4% in September. It is the September figure that is used to set the so-called ‘triple-lock', which guarantees...
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