Should we keep the triple lock or come up with a better pension plan? This is Money podcast

If the triple lock is maintained, the state pension should increase by 8.5 percent next April.

This will almost certainly be an inflation-busting rise, but a promise is a promise, and the triple lock is intended as an ironclad guarantee that the state pension will rise by either 2.5 per cent, average wages or inflation.

Except it’s already been removed once, and arguing over whether the government can get around it has become an annual event.

It is expensive and paid for by current workers, but the triple lock has improved the state pension, and today’s workers should one day receive that payment.

However, has the triple lock come to an end and is it time for a better policy?

In this podcast, Georgie Frost, Sam Barker and Simon Lambert discuss the triple lock and whether it should be retained.

Also, why is Facebook Marketplace a wild west for consumers and what happened when we tried to set up our own (fake) scam?

Santander’s fantastic 5.2 per cent easy access savings deal was withdrawn this week. The team looks at whether another account will be closed in the future and why those who signed up for This is Money savings alerts didn’t miss out.

And finally, one reader saw 40 homes for sale but didn’t find any he liked. What should they do?

This is the money podcast