UK triple lock faces replacement
5m
British commentators and economists said the state pension's "triple lock" was unsustainable and urged replacing it with earnings‑linked increases to curb rising public costs.
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September 16, 2026 at 6:09 PM
Hottest idea in retirement savings—pensions. www.wsj.com/personal-fin...
this doesn't cost any tax revenue, doesn't change pension entitlemetn and doesn't change tax rules. It's solely an admin change/witholding tax.
September 16, 2026 at 10:24 AM
this doesn't cost any tax revenue, doesn't change pension entitlemetn and doesn't change tax rules. It's solely an admin change/witholding tax.
I can't see why you can't implement the increase, and then reduce the amount *actually paid* by 20% of the difference between the pension entitlement and the personal allowance. If the pensioner has no other income, that works. If they have, they fill in a tax return.
September 16, 2026 at 10:22 AM
I can't see why you can't implement the increase, and then reduce the amount *actually paid* by 20% of the difference between the pension entitlement and the personal allowance. If the pensioner has no other income, that works. If they have, they fill in a tax return.
@jillongovt.bsky.social suggested this earlier. Have DWP said they can't? No need for it up to now, but unclear why DWP couldn't abate the difference between pension in payment and the tax allowance by 20%
September 16, 2026 at 9:51 AM
@jillongovt.bsky.social suggested this earlier. Have DWP said they can't? No need for it up to now, but unclear why DWP couldn't abate the difference between pension in payment and the tax allowance by 20%