To reiterate, this is exactly the same as it would have been if the Tories remained in office.
So you mean the Tories were ruthlessly impoverishing pensioners, and soaking the old? Surely not!
In the election campaign, Sunak's constant reiteration that 'Labour are after your pension' was based on their not repealing the policies that he brought in (namely the freezing of the personal allowance). Did he think people were too dim to realise that that didn't just affect pensioners, but anyone whose income hovers around that level? Only the remarkably self-interested would see it that way, surely?
Admittedly, it is harder for older people to increase their income (and arguably there is no reason why they should have to after a lifetime of working), but pensioners are not 'rinsed' when they pay tax, or 'soaked' by a frozen personal allowance, as is often suggested on here. I would rather see the allowance rise, along with the state pension, but I don't see why pensioners shouldn't pay the same rates of tax as other groups.