Concerns over the sustainability of the State Pension Triple Lock could be a major influence on the way people vote in the General Election expected later this year, Steven Cameron, pensions director at Aegon, has predicted.

In today’s Autumn Statement, Chancellor Jeremy Hunt confirmed that both the State Pension and benefits will rise from April.

There has been a clamour of calls from the financial services sector this week for politicians to end the continuing uncertainty over the future of the state pension Triple Lock.

The latest official wage growth figures - published today by the ONS - mean the State Pension should rise to £11,501 in April 2024, a 8.5% rise from £10,600 this year.