State pension to rise 4.8% in April under triple lock
PositiveFinancial Markets

The state pension is set to increase by 4.8% in April, bringing the total to £12,548 a year, thanks to the triple lock mechanism that ties pension increases to wage growth. This significant rise is a positive development for many pensioners, providing them with much-needed financial support. However, it also raises important discussions about fairness and sustainability in the pension system, especially as more retirees may face tax implications due to this increase.
— Curated by the World Pulse Now AI Editorial System