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Tag Archives: triple lock
Triple Lock Revisited : Approximate Costs over 15 Years From 2024/5 -Jon Spain
Revisited : Approximate Costs Over 15 Years From 2024/25 Outline understanding large numbers triple lock background major UK state expenditure 2024/25 UK state pension pensioner population triple lock definition wages growth prices growth random numbers used results conclusions Understanding … Continue reading
“Nothing new”on the triple lock is – “big news!
It amazes me that we find the triple lock front page news when we voted in a Government two years ago who clearly said there would be no change in how the state pension this parliament. There are three things … Continue reading
Posted in pensions
Tagged annuity, CDC, DB, dc, defaults, private pensions, state pension, triple lock
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Webb says we need the triple lock because private pensions aren’t taking up the strain
Steve Webb isn’t afraid to hold back and though he recognises that the triple-lock isn’t sustainable, he sees no alternative to continuing it right now for people who are ill-served by private pensions. In short, a decent state pension remains vital because … Continue reading
It’s the same the other side of the pond; many older people can’t make ends meet
I have made the point before and will, I’m sure, make it many times to come. People when they retire, lose their work income and switch to income from investments which they think of as their pension. That money can … Continue reading
Posted in pensions
Tagged Getting Fired, Investment, Pensions, Retirement, state pension, triple lock
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Can we afford the triple lock on our state pension?
Last week I commented on the choice that the Pensions Minister has over whether to promote the triple lock, retain the current state pension age or do both, Here are younger voice. My friend Andy Young had privately reproved me … Continue reading
McPhail; “don’t rely on state pension if you’re young”.
The state pension in its current form is unsustainable, both fiscally and politically. I don’t think it should be scrapped but its inexorable upward increase has to be curbed. Over time, its value should drop back and means-tested post retirement … Continue reading
“Why are there now 2 levels of state pension, old and new? How is that fair?”
I heard it first last night from the great Paul Lewis There will be yet another major(ish) Treasury pre-Budget announcement – this one about state pension – at 1030 tonight (Sunday) I will tweet it with analysis at that time. … Continue reading
Making Money for Torsten
It’s good to see Torsten Bell, like Pensions UK – reaching out to Damien and Timeyin. The change that is needed won’t come from inside our little room. They are making their own way to fame, self-financing their podcasts with … Continue reading
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Tagged Crypto-currency, Making Money, Pensions, Torsten Bell, triple lock
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Chancellor commits to five more years of triple lock.
Conservatives to retain UK pension triple lock in manifesto https://t.co/9bGQhKY5NG via @ft — Josephine Cumbo (@JosephineCumbo) March 25, 2024 This is by far and away the most important statement made by this Government on its future intentions for pensioners. It … Continue reading
Here’s how to save the triple lock
You can get behind the triple lock by signing this petition Tom Selby: Time to get serious about state pensions Commercial workplace pension and SIPP providers do not want to see a strong state pension, they want dependency on private … Continue reading