Martin Lewis is back from Spring Break with a bumper list of ways to boost State, personal and workplace pension pots in the latest edition of the MoneySavingExpert.com (MSE.com) newsletter. The handy guide aims to help people of all ages increase their later-life income to maximise their retirement finances.
But it’s not all about people due to retire in 10, 20 or even 30 years or more, the consumer champion had an easy way for people already claiming their State Pension - a contributory benefit administered by the Department for Work and Pensions (DWP) - to check if they are eligible for Pension Credit, which could also unlock discounts on Council Tax, housing costs and heating bills.
The benefit is worth more than £3,500 a year on average and Martin urged single pensioners with an income of less than £220 a week or older couples with under £320 a week, to check if they qualify for the benefit.
