As many of you will be aware in the UK, due to the current financial climate inflation has been steadily increasing over the last 12-24 months putting pressure on the Bank of England to increase interest rates. It is still unclear as to whether this will be the case (although it is looking increasingly likely). However, what we do know is, due to current inflation levels and the generous triple-lock State Pension guarantee, those in receipt of their State Pension will see a 3% increase from April 2018.