However a Government spokesperson previously ruled out any potential means-testing of the State Pension. The Chancellor is anticipated to reveal additional changes during the upcoming Autumn Budget (Image: izusek via Getty Images)

The State Pension's future hangs in the balance as experts caution that means-testing "could be introduced" while concerns mount over spiralling spending. The Office for Budget Responsibility says that the triple lock pledge is pushing the State Pension costs approximately £10 billion higher than earlier projections. ‌

As the retirement age prepares to climb and the triple lock faces mounting strain, financial advisers are demanding a full overhaul, contending the framework no longer simply assists the most vulnerable pensioners, but essentially

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