Category: Inflation

  • Conflict highlights inconsistencies in the system

    The conflict with Iran is a reminder of something we tend to ignore: the system works as long as things move slowly and struggles when they don’t. Retirement income is built on that assumption. Prices change gradually and incomes adjust slowly. Over time, things broadly work but conflict shows how quickly cracks can form. Energy…

  • State Pension, inflation, and the timing lag

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    The State Pension increases annually in April. The size of the increase is decided using measures from the previous year under the triple lock, the highest of: For 2026 to 2027, the new State Pension will increase by 4.8%, in line with average earnings growth for May to July 2025. That increase applies from 6…