Suspending the pensions triple lock the ‘right’ call
27 September 2021
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In the Media
Christopher Snowdon quoted in the Daily Mail
24 September 2021
Press Release
27 September 2021
Economic Theory
11 November 2024
Julian Jessop quoted in the Daily Express
IEA Economics Fellow Julian Jessop has been quoted in the Daily Express in an article on the pensions triple lock suspension – and its impact on savers.
Julian said:
“I think it was right for them to change the triple lock for this year at least, I wouldn’t have done it necessarily in the way that they have done, I would have retained some form of link to average earnings.
“I would have used some underlying measure to be more consistent with the manifesto.
“As it happens though, the pension will probably come to a similar place as inflation is likely to be between three and four per cent.”
Julian said:
“I think it was right for them to change the triple lock for this year at least, I wouldn’t have done it necessarily in the way that they have done, I would have retained some form of link to average earnings.
“I would have used some underlying measure to be more consistent with the manifesto.
“As it happens though, the pension will probably come to a similar place as inflation is likely to be between three and four per cent.”
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