State Pension set to rise £600 a year in boost for pensioners | Personal Finance | Finance
Pensioners are on course for £600 a year increase in the State Pension – taking it up to 12,100 – from next April under the Triple Lock pledge.
Finance industry experts suggest the figure is set to rise in line with wages, which are increasing at an annual figure of 5.7 percent, according to official data published today.
That increase would be above the current rate of inflation, which is running at 2 percent, and means that pensioners should see an improvement in living standards.
The…
