In an op-ed for The Times, David Smith, Economics Editor of The Sunday Times, cited the IEA’s opposition to the triple lock pension, which gives pensioners an increase in the state pension based on the highest of either inflation, wage growth or 2.5%.

David Smith wrote: “Most economists have no problem with protecting the state pension against inflation. But nearly every think tank, from the Resolution Foundation to the Institute of Economic Affairs and Centre for Policy Studies, via the Social Market Foundation, opposes the triple lock”.

Read the article here.