Labour pledges to retain triple lock and undertake pensions review

Labour has promised to keep the triple lock guarantee on state pensions, ensuring that they rise by the highest of inflation, earnings growth, or a minimum of 2.5% each year. Additionally, they have pledged to conduct a thorough review of the current pension system to address issues such as increasing the retirement age and improving access to workplace pensions. These commitments aim to provide security and stability for current and future retirees under a Labour government.

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