So I know state pensions are/can be increased but what about private pensions?
because if you retire at 65/67 you could potentially have 20 years of retirement and if for example your monthly private pension is £1000 a month you might think you’ll be ok with your state pension added in and hopefully no mortgage. But then all of a sudden your energy bills are £800 a month that’s pretty shit.
so do private pensions just stay the same for the whole of retirement regardless of inflation?