Gosling's Grouse: Triple lock conundrum

clock • 2 min read

There was the ominous ringing of the latest death knell for pensions when the end of the 'triple lock' was floated recently.

The government quickly restated its manifesto commitment which guaranteed it until 2020, effectively the current Parliamentary session. This makes sense because if Brexit looks nasty from a political perspective then there would be double trouble abandoning the guarantee during the same timeframe as we exit the European Union. If you were reading something extra into the re-commitment to the 'lock' it might be that it suggests the government is not going to try calling a snap election. There is no doubt the current guarantee of increases to pensioners' state retirement income costs...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Pensions

Autumn Budget 24: Heavily rumoured pension changes fail to go ahead

Autumn Budget 24: Heavily rumoured pension changes fail to go ahead

Did not target workplace pensions

Holly Roach
clock 30 October 2024 • 3 min read
Autumn Budget 24: Inherited pensions to face IHT from 2027

Autumn Budget 24: Inherited pensions to face IHT from 2027

Impacting wealth transfer efficiency and legacy planning

Sahar Nazir
clock 30 October 2024 • 1 min read
Chancellor urges pension schemes to 'fire up' UK economy with further investment

Chancellor urges pension schemes to 'fire up' UK economy with further investment

'Learning lessons' from Canada

Holly Roach
clock 07 August 2024 • 1 min read
Trustpilot