Higher inflation for working families puts pressure on Triple Lock

Higher inflation data for non-retired households released today by the Office for National Statistics could put pressure on the pensions Triple Lock pledge, according to consultancy Broadstone.

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Top paid pensioners see 9% annual income growth

 

The top 20% best paid pensioners saw their incomes rise by 9% annually - equivalent to £2,496 every year - over the decade up to 2022/23, according to new analysis.

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Teachers' Pension Scheme rise will hit private schools

The Department for Education has today confirmed an increase of 5 percentage points to the employer contribution rate of the Teachers' Pension Scheme (TPS) with schools' contributions set to rise from 23.6% to 28.6%.

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PMI coverage surges to 6.9m UK adults

The number of UK adults with Private Medical Insurance has risen by 1m in the past five years to reach 6.9m, according to analysis of the FCA’s Financial Lives survey by consultancy Broadstone.

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