General election: Tories announce 'Triple Lock Plus' pension allowance
Source: BBC
The Conservatives have promised to raise the tax-free pension allowance via a "Triple Lock Plus" if they win the general election.Under the plans, the personal allowance for pensioners will increase at least 2.5% or in line with the highest of earnings or inflation.Prime Minister Rishi Sunak said the scheme "shows we are on the side of pensioners," who the Tories say will save £275 by 2030.Labour said the…
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