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The government’s decision to replace the State Pension triple lock with a double lock from 2030 has prompted mixed reactions from the pensions industry.
In the Labour Party conference this week, Andy Burnham proposed changes to the State Pension triple lock from 2030. Find out what the reforms could mean for pension income and retirement planning.
UK prime minister Andy Burnham’s commitment to adjusting the triple lock in 2030 has been welcomed by the profession, but his plans to use this to fund free social care have been questioned.