Property News · July 31, 2016

No scrapping of triple-lock pension protection before 2020, says No 10


Downing Street rejects former pensions minister Ros Altmann’s suggestion that guaranteed yearly rise could disappearDowning Street has promised that Theresa May will stick to the Tory manifesto pledge of the triple lock, which guarantees rises in the state pension, after a former pensions minister said it would become unaffordable after 2020.Ros Altmann, who left the government in July, called for the mechanism to be abolished and suggested that the prime minister could be more open to this idea than her predecessor, David Cameron. Continue reading…

Source : theguardian.com
Read more…No scrapping of triple-lock pension protection before 2020, says No 10