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"Safeguarding pensions to ensure dignity in retirement is about security for families, and it's another example of the choice in this election. "Strong and stable leadership
delivering for Britain, or a coalition of chaos led by Jeremy Corbyn, which can't get the right deal for Brexit, and risks our growing economy with higher taxes, fewer jobs, more waste
and more debt." The regulator would also be able to impose large fines on bosses who "wilfully left a scheme under-resourced", and company directors could be struck off in
more serious cases. In a further move, Mrs May also indicated she would reform the pensions triple lock, another flagship 2015 pledge, promising state pensions would continue to rise with
the exact way that is calculated revealed in the Tories' manifesto. The triple lock ensures the state pension increases in line with wages, inflation or by 2.5 per cent - whichever is
highest. But there have been mounting calls to scrap it, amid concerns over cost pressures, although there were reports it could remain in place until 2020. "Under a Conservative
government the state pension will still go up every year of the next parliament," she said. "Exactly how we calculate that increase will be for the manifesto, and as I have just
said you will have to wait for the manifesto to see what's in it."
