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1 in 7 aged over 65+ now reliant on loans and credit cards to make ends meet
New research from Independent Age has found that the cost-of-living crisis is causing many people over 65 to turn to loans and credit cards to make ends meet, as they keep their financial worries from their family.
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High inflation means that the “Great Unretirement” may prove costly for some older workers
New Age UK research shows how the cost of living crisis is upending some people’s retirement plans and their prospects of a comfortable standard of living in the years to come.
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Don’t suffer in silence – Pension Credit is here to help!
To mark Pension Credit Week of Action (12th- 16th June), national older people’s charity Independent Age is urging everyone in later life who is struggling financially to check if they are eligible for the entitlement.
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Government extends NI top-up deadline to 2025
Taxpayers now have until 5 April 2025 to fill gaps in their National Insurance record from April 2006 that may increase their State Pension – an extension of nearly two years – the government announced today (12 June).
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“No end to the nightmare in sight”: Charities respond to Ofgem’s price cap announcement
Charities are expressing their concerns that – despite the reduction in average energy bills as from July – many pensioner households will face real hardship in the months ahead.
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Pension credit take up “a drop in the ocean”
Independent Age reacts to disappointing Pension Credit caseload statistics: “These numbers show that the government’s broad brush approach of awareness raising simply isn’t working fast enough.”
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Pressure grows on Scottish Government to establish an Older People’s Commissioner
Over 30 organisations, including AAA members Independent Age, Age UK Scotland, Ageing Without Children and The Civil Service Retirement Fellowship, have issued a Consensus Statement on an Older People’s Commissioner for Scotland.
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Older people urged to act now to receive £301 cost of living payment
Time is fast running out for eligible older people to apply to receive £301 from the Government’s 2023/24 cost of living support package, says Independent Age, the national older person’s charity.
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“We need our banks,” say millions of the UK’s older population
With bank branches continuing to close all around the country, a new Age UK report reveals that four in 10 over 65s with a bank account do not manage their money online, while three in four account-holders aged 65+ want to carry out at least one transaction in a branch.
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Unclaimed Pension Credit “the equivalent of 454,000 average households’ 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.
