The government is set to increase state pensions from today after it confirmed the return of the triple lock guarantee.
It means that the basic state pension will go up from £141.85 per week to £156.20 while the new state pension will rise from £185.15 per week to £203.85. However, while the rise will be a welcome bonus for many pensioners, it may not be enough to bridge the gap between earnings and the cost of living.
Fortunately, there is additional help available across the country for pensioners. This support can help with a wide range of living costs such as housing and bills.