October 2026
22Oct

UK. Full state pension will rise by nearly £500 next April under the triple lock

The full state pension will rise by £9.40 a week to around £250.70 from next April under the triple lock guarantee. On a yearly basis, it will rise by £489 - climbing from £12,547 to £13,036 - delivering another inflation-beating rise for pensioners. Under the triple lock the state pension increases every year by the highest of 2.5 per cent, inflation or average earnings growth – and the last of these outstripped the rest this time. Wage growth came in at 3.9...

October 22, 2026
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08Oct

UK. Triple Lock Reform Sheet

The current Triple Lock system From April 2030, the government will adjust the Triple Lock, increasing the value of the State Pension every year. This means it will continue to protect pensioners against price rises and ensure they benefit as the economy grows. The State Pension is uprated annually and is based on the Triple Lock. The Triple Lock means the basic State Pension (bSP) and the full rate of the new State Pension (nSP) increase by the highest of: Inflation (the...

October 8, 2026
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September 2026
30Sep

UK State Pension Triple Lock To Be Scrapped, Andy Burnham Says

Millions of state pension holders will now receive a less generous retirement income as a result of changes announced by Prime Minister Andy Burnham at the 2026 Labour Party conference. The pivot, which will mean the state pension “triple lock” will be downgraded to a “double lock,” comes after intense pressure from across the political spectrum. Under the existing system, the state pension triple lock uprates annual state pension payments by the higher of wage increases, inflation, or 2.50%. Under...

September 30, 2026
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23Sep

Thinktank linked to Reform UK calls for abolition of state pension

A thinktank linked toeform UK  Rhas called for the abolition of the state pension and £75bn worth of sweeping tax cuts in a “radical” report likely to influence the party’s platform for the next election. The Centre for a Better Britain’s (CFABB) report – which also calls for weaker rules for UK banks and Trump-style investment accounts offering £1,000 to newborns – will be formally launched at a private event with City executives on Wednesday. The 183-page report, entitled “Boosting Britain”, proposes...

September 23, 2026
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August 2026
04Aug

UK. State pensioners on track for up to £539 extra cash in next triple lock boost

New state pensioners are in line for a huge boost to their annual benefit income - but will avoid a tax bill from HMRC for at least one more year. New state pensioners are in line for a boost to their state pension worth nearly £539 year. That's because the Triple Lock forecasts show that right now, the benefit is set to increase by 4.3% next year. The new state pension was introduced in 2016 and applies to all men born after April 5, 1951 and women...

August 4, 2026
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July 2026
07Jul

UK. State pension spending set to reach 9% of GDP in 50 years

State pension spending is projected to rise from 5 per cent of GDP to around 9 per cent of GDP over the next 50 years, according to analysis from the Office for Budget Responsibility (OBR). The OBR’s latest Fiscal risks and sustainability report estimated that state pension spending would rise to around 9 per cent of GDP by 2075/76, driven by population ageing and the cost of triple-lock uprating, calculated using historical inflation and earnings volatility. However, in a scenario where...

July 7, 2026
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01Jul

UK. Why Gen Z are planning for life without a state pension

Joel has finally landed his first graduate engineering job after several years of lower‑paid roles. He's in his early 20s, lives with his parents and works in London. But instead of splashing the extra cash, or saving up for holidays or a house deposit, he's decided to squirrel more of it away into his workplace pension. The reason? He doesn't think he'll get any kind of state pension. Like Joel, around half of Gen Z (those born from 1997–2012) say...

July 1, 2026
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November 2025
12Nov

UK. Government to rethink rejection of Waspi compensation

A decision to reject compensation for women hit by changes to the state pension age will be reconsidered by the government. Campaigners say 3.6 million women born in the 1950s were not properly informed of the rise in state pension age to bring them into line with men. Last year, the government apologised for a 28-month delay in sending letters, but rejected any kind of financial payouts. A document was not shown to Liz Kendall, who was Work and Pensions Secretary...

November 12, 2025
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03Nov

UK. Nigel Farage refuses to commit to the triple lock on pensions

Nigel Farage has suggested that the minimum wage may be “too high” for younger workers, as he laid out Reform’s vision for the UK economy. The Reform leader, speaking in the City of London on Monday morning, also revealed he was abandoning plans for tax cuts that were a central part of the party’s previous manifesto – and refused to commit to the triple lock on pensions. Asked whether he thought the minimum wage was too high, Mr Farage said: “There’s...

November 3, 2025
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October 2025
30Oct

US. State Pension Funding Levels Stayed Stable Despite Volatility

The reported funding gap for state pension plans—the disparity between promised benefits and available assets—was $1.32 trillion in 2023, according to 50-state data collected by The Pew Charitable Trusts. This represents a $44.7 billion increase over 2022, driven primarily by increases to liabilities from benefit changes and differences between what plans assumed for salaries, longevity, and similar workforce and demographic trends and what actually happened. However, even amid volatile markets, state funds showed signs of resilience. The overall funded ratio—the...

October 30, 2025
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