Age Action Alliance Money Matters Newsletter

Unclaimed Pension Credit “the equivalent of 454,000 average houshold energy bills”

On Thursday 27th April, national older people’s charity Independent Age delivered an overdue invoice for over £1.1bn to the government, to highlight the massive amount of Pension Credit that’s still going unclaimed.
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Future generations face a rocky retirement, concludes IFS report
A new report from the Institute of Fiscal Studies has laid bare a series of major challenges for the pensions industry – and for future generations of retirees.
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Low income pensioner households to receive £301 – but only if they have applied for Pension Credit

The vital need for low income pensioner households to apply for the benefits to which they are entitled is being highlighted by the Government’s announcements that over eight million households across the UK – including many pensioners – will receive a £301 Cost of Living Payment from the Government, with payments rolled out from 25 April.
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