Pensioners face biggest cut in state benefit in more than 40 years
Retirees will be £308 worse off as state pension fails to keep up with soaring inflation
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Retirees will be £308 worse off as state pension fails to keep up with soaring inflation
Chancellor Rishi Sunak has announced additional support as households face the biggest fall to real living standards on record.
Chancellor Rishi Sunak left little room for pensions in this year’s Spring Statement with the industry deeming the move a “missed opportunity”, although he also resisted dipping into the pensions honey pot to pay for tax cuts elsewhere.
Chancellor Rishi Sunak has announced additional support as households face the biggest fall to real living standards on record.
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service