I think this is good news. In a previous note I was arguing that in supply shocks, indexing on CPI and Average earnings meant that pensions were uprated twice (once when prices spike, then when wages pick back up). So this is some good news. But we could go further: www.nesta.org.uk/blog/fiscal-...
nesta.org.uk
Fiscal options: picking the state pension triple lock
A package of reforms to both the triple lock and to Pension Credit could save the government £5-12 billion per year while reducing pensioner poverty.
