Money expert Martin Lewis has given urgent advice for pensioners with a low income. The financial journalist and broadcaster explored the topic on the latest episode of his ITV show on Tuesday, February 21.
Martin, who recently celebrated 20 years of being on our TV screens, said it is important pensioners who are earning less than £200 a week (or a couple earning under £300 a week) could be eligible for pension credit. This could be worth around £67 a week on average, or about £3,500 a year, but it's thought many people aren't aware of the top up and never claim it.
“My rule of thumb is that if you are single with income under £200 a week or a couple with income under £300 a week, check it out,” he said. “I’m not saying you’ll get it but I’m saying that you could get it.”