State pension triple lock may be confirmed by Jeremy Hunt tomorrow

‘For the large number of pensioners who fully rely on the state pension, and even those with additional private and workplace pensions who were looking to retire in the next few years, experiencing exceptional volatility when it comes to the value of their retirement pots, this will be welcome news.’The last few months have upended the lives of all generations, so this commitment to keeping the triple lock in place will come as a huge relief as the cost of living continues to increase, hitting households hard.’If the state pension does increase by inflation tomorrow, it will see pensioners’ incomes rise in real terms for the time being.However, people are generally encouraged to make their own retirement provisions, as the state pension is often too restrictive to get by on alone.READ MORE: ‘Living’ state pension could create ‘adequate income’ for pensioners