Britain’s state pensions are at risk of being ‘hammered’ by inflation as a result of the scrapping of the triple lock.
Inflation threatens to derail retirees’ plans in 2022, so they must be on “high alert.”
The decision to suspend the state pension triple lock for the 202223 tax year could have significant consequences for retirees, lowering their income at a time when inflation is out of control.Inflation is expected to “hammer” retirees this year, experts have warned.The triple lock policy was temporarily suspended in September 2021, but with the new tax year just around the corner, the ramifications are starting […]
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