Featured Post

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA)

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...

Sunday, April 30, 2017

Poorest face ‘double whammy’ if Tories ditch triple lock on pensions

http://ift.tt/2oKX6EA

3000.jpg?w=300&q=55&auto=format&usm=12&f

Removal of minimum rise could push many into poverty

Plans to ditch the triple lock on the basic state pension would represent a “double whammy” for the poorest pensioners, many of whom have already lost out under this month’s new flat-rate pension, according to a leading pension expert.

Pensioners who rely on the state pension for most of their income will be the biggest losers should the Tories drop the element of the triple lock that guarantees annual rises of at least 2.5%.

Continue reading…

April 30, 2017 at 10:29AM

http://ift.tt/2oLfqO3

from Phillip Inman

http://ift.tt/2oLfqO3


No comments:

Post a Comment