Sir Steve Webb

Axing Triple Lock will harm 10m pension savers

Former Pensions Minister Sir Steve Webb, a partner at retirement consultancy lcopLCP, has warned that axing or significantly diluting the pensions Tripe Lock would mean an additional 10m pension savers will face an “inadequate” pension.
State Pensions set to rise by 4.8% - higher than expected

The State Pension is set to rise by 4.8% in April - higher than the 4.7% predicted only a month ago - due to the Triple Lock mechanism, according to a forecast from former Pensions Minister Sir Steve Webb.
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