Judging by the number of times I’m asked about it, the government can be relieved that many pensioners don’t actually understand the ‘Triple Lock’. And, without undue stereotyping, many that do would not dream of voting anything other than Conservative. The vote-winning promise that state pensions would increase by the highest of the various measures of inflation was ‘locked in’. Now, of course, the highest measure, the average earnings index, is too high, as everyone is having to pay over-the-odds to get staff. So, probably no surprise, the promise has been broken, the lock pretty rapidly picked and the keys thrown away. To coin an analogy.
“Aegon: Living to 100 is no longer a fantasy, but are we prepared?”
Not sure how many of us actually fantasise about living into our hundreds nor the extent to which we can prepare for it.