The Government has confirmed that the basic State Pension will rise by 3.1% from April to £141.85 with the full state Pension increasing to £185.15.

MPs in the House of Commons have rejected proposals from the House of Lords to retain the State Pension Triple Lock.

The House of Lords voted last night to reject a controversial bill to suspend the Pensions Triple Lock. 

A Financial Planner has told Financial Planning Today he believes the State Pension could be under threat of means-testing following the Government's decision to suspend the pensions triple lock for a year.