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The reason why both earnings growth and inflation matter for the state pension is the pensions 'triple lock'. In place since 2011 (except for a one-year temporary suspension in 2022), under the triple lock the state pension rises in line with the highest of CPI inflation, average earnings growth...
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This report takes a fresh look at the prospects for the future of retirement incomes for employees in the UK. Since the …, simulating their future earnings until retirement and assuming that they continue to place the same share of those earnings in a … will reach the replacement rate targets set out by the Pensions Commission and whether they will reach the retirement …
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There have been widespread concerns about the patterns of retirement saving amongst self-employed workers, who now make …
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