The UK state pension is set to rise in April 2025 thanks to the Triple Lock, with payments set to climb by 5.
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Financial expert Claire Trott suggests further increases to the age of retirement may help control soaring State Pension costs.
The Institute for Fiscal Studies has shed light on the situation the government finds itself in when it comes to the Triple Lock..
The Institute for Fiscal Studies (IFS) has revealed the state pension age would have to rise to 74 to fund the Labour Party..
