Pension Boost: Good News, But Can We Afford It?

Retirees, get ready for a boost! State pensions are set to jump by £560 next year, potentially reaching £12,536 annually thanks to the triple lock. But this good news comes with a catch: rising pension costs are squeezing the government, potentially leading to tax hikes and renewed debate over the triple lock's future. Could pensioners face a tax sting, and is the current system sustainable? Tune in to find out! Hosted on Acast. See acast.com/privacy for more information.