Published 3 years ago • loading... • Updated 3 years ago
Winter fuel allowance could be removed for most pensioners to pay for triple lock
Rishi Sunak is considering removing the winter fuel allowance from wealthier pensioners in order to offset the rising costs of the triple lock pension guarantee.
The government is aware of the political importance of the triple lock and plans to recommit to it, given the influence of the pensioner vote.
While the savings from removing the winter fuel allowance may seem significant, experts suggest that the long-term cost of the triple lock will outweigh these savings.