The full New State Pension could rise by over £570 next year under the Triple Lock as earnings growth (4.8%) outpaces the current rate of inflation (3.8%)
The Triple Lock is set to push millions of pensioners into paying tax on their State Pension from April 2026, with the full New State Pension set to rise by over £570 next year
Judith Howard says it does not pay to be thrifty and wishes she had not deferred taking her state pension as she is now taxed and loses out on benefits