17/07/2026
Curious about the future of state pensions under the potential new Labour leader, Andy Burnham? Keir Starmer vowed not to touch the triple lock, a system that promises to increase the state pension each April by either the rate of inflation, average earnings growth or 2.5%, whichever is highest. The triple lock has served pensioners well, but its sustainability has been questioned over and over again. Here, Money Week takes a look at whether Andy Burnham will shield it if he becomes the new Labour leader.
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The triple lock has served pensioners well, but its sustainability has been questioned over and over again. Will Andy Burnham shield it as Labour leader?