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Back to profileBurnham sets out plan to reform triple lock to pay for social care
For future generations, the expectation is increasingly that individuals will need to take greater responsibility for funding both retirement and later-life care themselves.
Burnham sets out plan to reform triple lock to pay for social care
The announcement highlights one of the biggest retirement challenges facing the UK: how to balance the cost of supporting an ageing population with the need to provide pension security for future retirees.
Triple lock to stay until next election but no promise post-2029, says minister
The State Pension provides the foundation of retirement income for millions of people, but there is a growing sense that the triple lock is living on borrowed time as concerns about its long-term cost continue to mount.
Triple lock to stay until next election but no promise post-2029, says minister
The State Pension provides the foundation of retirement income for millions of people, but there is a growing sense that the triple lock is living on borrowed time as concerns about its long-term cost continue to mount.
Interest rates held at 3.75% but Bank warns Iran war could mean future hike
The decision to hold interest rates comes as little surprise. The Bank of England is still assessing how much of the recent energy shock linked to the conflict in the Middle East will feed through to the wider economy.
Many adults have never checked state pension forecast, says HMRC
Many people view the State Pension in isolation, but retirement income is built from several moving parts.