Business

State pension triple lock should be replaced with double lock, former pensions secretary says

GB News 5 h

United Kingdom

State pension triple lock should be replaced with double lock, former pensions secretary says — Sources: GB News

Millions of pensioners could see changes to how their state pension rises each year, after a former work and pensions secretary has suggested the triple lock should be scrapped. The guarantee, which has protected retirement incomes since 2010, may have outlived its usefulness, according to Baroness Therese Coffey. Lady Coffey made the comments during a House of Lords debate on Friday about how pre

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