State pension boosted by 8.5% from this week - will it ever become means tested?
Apr 12, 2024•55 min
Episode description
Older people received another boost to the state pension this week taking the full rate to over £11,000 a year.
This year's increase of 8.5 per cent was thanks to the triple lock commitment - a guarantee the state pension will rise each year by the higher of CPI, wages or 2.5 per cent.
What does the future hold? While there is plenty of speculation the state pension may become means tested, in reality it could be incredibly hard to implement.
This week, Tanya Jefferies, Georgie Frost, Helen Crane and Lee Boyce talk state pensions – and how they compare to other countries.
And sticking on the theme, there is another delay for the Government’s new online state pension top-up service. When will it launch?
NS&I has a four day IT meltdown that makes it a struggle for customers to log-in – and it suggests to one that she may have a ‘time drift.’ What does this bizarre explanation mean?
Crane is on the Case once more, this time Eon is in the firing line after it insisted a part-time dance teacher used £95,000 worth of energy… in a month.
And who on earth would hold an American Express card in their wallet with an APR 704.6 per cent? Lee has the answer.
This year's increase of 8.5 per cent was thanks to the triple lock commitment - a guarantee the state pension will rise each year by the higher of CPI, wages or 2.5 per cent.
What does the future hold? While there is plenty of speculation the state pension may become means tested, in reality it could be incredibly hard to implement.
This week, Tanya Jefferies, Georgie Frost, Helen Crane and Lee Boyce talk state pensions – and how they compare to other countries.
And sticking on the theme, there is another delay for the Government’s new online state pension top-up service. When will it launch?
NS&I has a four day IT meltdown that makes it a struggle for customers to log-in – and it suggests to one that she may have a ‘time drift.’ What does this bizarre explanation mean?
Crane is on the Case once more, this time Eon is in the firing line after it insisted a part-time dance teacher used £95,000 worth of energy… in a month.
And who on earth would hold an American Express card in their wallet with an APR 704.6 per cent? Lee has the answer.
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