The decision by the new PM to scrap the pensions Triple Lock in its current form is potentially a political master-stroke. For those relying on the State Pension, however, it’s less good news.

Financial Planners have welcomed Prime Minister Andy Burnham’s announcement yesterday that he plans to axe the Pensions Triple Lock from 2030.

The Pensions Triple Lock is set to be axed from 2030 and replaced with a double lock, Prime Minister Andy Burnham told the Labour Party annual conference today.

In this column for Financial Planning Today, Dr Matthew Connell, director of policy at the Personal Finance Society, looks at what a new Prime Minister might mean for Financial Planners and how they can meet the challenges of a changing political landscape.

New Chancellor John Healey has been urged to focus on economic growth by financial experts.

Potential changes to Capital Gains Tax (CGT) under an Andy Burnham Government could see families hit by a double tax bill on inherited property, according to a new report.