Chris Noon - Hymans Robertson

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Last quote by Chris Noon

Even with the triple lock in place, the long-term cost of the new state pension is £8bn a year less than the previous arrangement. Given market expectations of inflation, it's difficult to see a scenario where the cost of the triple lock is at all significant over the course of the next Parliament. The fact is that the state pension will have to increase at a higher rate than earnings in the long-term. It will be politically unacceptable to have vast numbers of individuals below pensioner poverty levels of income.feedback
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Apr 30 2017
This page is completely dedicated to what Chris Noon has to say. All of Chris Noon’s quotes are organized here by date and topic. The most recent quote attributed to Chris Noon came from an article called What would happen to your state pension if the 'triple lock' was scrapped?: “Even with the triple lock in place, the long-term cost of the new state pension is £8bn a year less than the previous arrangement. Given market expectations of inflation, it's difficult to see a scenario where the cost of the triple lock is at all significant over the course of the next Parliament. The fact is that the state pension will have to increase at a higher rate than earnings in the long-term. It will be politically unacceptable to have vast numbers of individuals below pensioner poverty levels of income.”.
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