Category: Money Matters News

Almost half (41%) of people aged 50 and over who are not yet fully retired are concerned about living in economic hardship after they stop working, according to new research by the older people’s financial hardship charity Independent Age.

Actress Sue Holderness is calling on people over 65 to check they are receiving all of the financial support they are entitled to.

In a new report, Age UK warns that older people living in a household with an income less than £20,000 per year and not in receipt of means tested benefits, have faced particularly steep challenges with managing through recent times.

Actors Jane Asher and Vincent Ebrahim star in the first two in a series of powerful films created by Independent Age to tackle the stigma of poverty in later life.

The Centre for Ageing Better’s latest report shines a light on the diversity and inequality amongst the country’s older populations including the growing financial pressures felt by many

The cost-of-living crisis and a lack of long-term solutions means that serious challenges lie ahead for older people in Wales this winter, a new report has found.

As another winter approaches and high costs continue, Independent Age is warning that older people’s ability to cope this year could be further reduced as older people have already seen their savings diminish.  

Age UK has called on the Government to extend targeted support for older people on low incomes this winter.

New research for Age UK reveals almost a third (29%) of over 60s, equivalent to 4.2 million have recently cut back on food or groceries to make ends meet, rising to 40% of people aged 60+ living in a household with an income of £20k or lower.

With nearly two-thirds of over 65s shopping online, high street retailers risk losing out on significant spend if they don’t make in-person shopping more accessible and inclusive, argues ILC UK.