Category: Money Matters News

A new report from Independent Age lays bare the often-hidden experiences of how pensioners facing financial hardship are being impacted by increasingly high household costs, across water, energy, broadband, and Council Tax. 

Applying Macmillan’s saying that “you’ve never had it so good” to those either in or heading towards retirement might come as a surprise to some people, but new data shows that those retiring today may well be much better off than their younger counterparts.

New figures published by Age UK show that the Energy Bills Support Scheme (EBSS) Alternative Fund, designed to give a crucial £400 to households that receive their energy supply indirectly via a landlord, site owner, or other intermediary, has completely flopped, having failed to reach almost 4 in 5 of all those eligible.

Older people from minoritised ethnic communities are being let down when it comes to escaping poverty, as language barriers, government mistrust and a lack of effective promotion of financial support stand in their way, according to new research from national charity Independent Age.

A new report by the leading think tank on demographic change, the International Longevity Centre (ILC), pinpoints an increasing economic trend among people aged 60 and over in the UK.

A new report from Independent Age shows the hidden reality of facing financial hardship in later life and explores the groups of older people most likely to be affected.