Expert views
Commentary submitted by Maike Currie in their own words.
Back to profilePension savers ‘sitting on three million lost pots worth average of £6,000’
The debate about lost pensions focuses too much on the cost to providers and not enough on the cost to savers.
45,000 Lifetime Isa savers hit more than once in a year with withdrawal charges
These figures expose a fundamental flaw in the Lifetime ISA.
Burnham sets out plan to reform triple lock to pay for social care
With inflation already above the Bank of England’s two per cent target and vulnerable to external shocks such as higher energy and oil prices, an inflation-linked double lock could still prove expensive if no cap or control mechanism is in place.
Burnham sets out plan to reform triple lock to pay for social care
The triple lock will become a double lock. From April 2030, the earnings element will disappear, leaving the State Pension to rise by the higher of prices or 2.5 per cent.
What Healey’s Budget could mean for your money
If growth is the priority, every Budget measure should face a simple test: does it give households and businesses greater confidence to plan, invest and grow?
Triple lock to stay until next election but no promise post-2029, says minister
The triple lock has done an important job rebuilding the value of the State Pension, but it was designed as a catch-up mechanism, not necessarily a forever policy.
Triple lock to stay until next election but no promise post-2029, says minister
The Triple Lock has done an important job rebuilding the value of the State Pension, but it was designed as a catch-up mechanism, not necessarily a forever policy.
Young adults sitting on forgotten windfalls worth £2,310 on average
Young people are entering adulthood against a challenging backdrop – Britain today has close to one million young adults not in education, employment or training, technology is reshaping the labour market and the route into secure employment can feel less straightforward.
Interest rates held at 3.75% but Bank warns Iran war could mean future hike
The Bank is caught between two competing pressures. Raise rates and you pile more pain onto borrowers and businesses. Cut rates too soon and you risk higher energy costs becoming embedded in wages and prices.
State Pension on course for 3.9% rise but frozen tax threshold will pull more pensioners into tax net
Pitching pensioners against young people is the wrong answer.
State pensioners set to breach tax threshold under ‘triple lock’ boost
After 15 years of the triple lock, calls for its reform are growing as the cost continues to rise and questions of generational fairness become harder to ignore. The UK has around one million young people not in employment, education or training, persistent child poverty and a generation of workers facing high housing costs and a heavy tax burden, while also being asked to fund an increasingly expensive retirement system.