Financial expert Martin Lewis has turned his expertise towards Britain's over-75s, offering a simple piece of advice that could save them a significant amount of money. Many are still paying £174.50 a year for their TV licence, but with one quick form, those on Pension Credit could have the cost wiped out entirely.
Until 2020, all pensioners aged 75 and above automatically received a free TV licence. That benefit was scrapped, leaving many older households confused about the rules. Today, the free licence is only available to those who receive Pension Credit, a means-tested top-up benefit for people on low incomes.
