Calls for reform of the pensions Triple Lock from the pensions community are building as Chancellor Rishi Sunak departed from his usual approach of defending the lock on BBC Radio 4 this week.

Former Pensions Minister Baroness Ros Altmann has questioned whether the pensions Triple Lock is the best way to protect state pensioners in future.

The triple pensions lock and rising average earnings mean that the State Pension will rise by around 4% in April - an increase of about £350 a year.

The chairman of the Work and Pensions Committee has pledged to press on with attempts to devise a replacement of the triple lock after 2020.