This commitment from the Labour leader comes shortly after Chancellor Jeremy Hunt’s confirmation that the Conservative manifesto will also protect the triple lock.

Last month, Treasury sources reported that Prime Minister Rishi Sunak will keep the payment rise guarantee ahead of Britons heading to the polls.

Both parties are in a fierce battle to win over voters ahead of the yet-to-be announced General Election.

However, recent polling has suggested the British public are becoming increasingly concerned about their retirement despite the safety net of the triple lock.

A survey from the Get Britain Pension Ready campaign found that almost half of all Britons indicated that political instability makes them worried about pensions and retirement savings.

Some 37 per cent of respondents shared that the thought of planning for their pension leaves them feeling fearful. them with fear and dread.

Notably, 52 per cent of those polled by the campaign revealed that they confused by the term triplelock.

Furthermore, 63 per cent of people were unable to correctly identify the three factors considered in the the payment increase promise.

This is despite the fact both Labour and the Conservatives are making a conscious effort to cite the triple lock as being part of their manifestos.

Sarah Lloyd, the commercial Director at Annuity Ready, urged policymakers to consider the concerns of the electorate before introducing any reform or pension changes.

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