Category: Money Matters News

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.

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.”

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.

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.

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. 

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…

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. By Tony Watts OBE.

With benefits and allowances increasing from 10 April, now is the ideal time to make sure you, or the people you care for, are claiming everything to which they are entitled.

Age UK has launched a new campaign called “Know What To Do” following research which reveals that, in January, 60% of older people were worried about being able to heat their homes when they wanted to, and 45% were worried about affording other essentials such as food.