The Money and Pensions Service (MaPS) has launched a new benefits calculator in partnership with Scottish fintech Inbest. The free online tool will be embedded into MaPS’ MoneyHelper website to help people find out which benefits and social tariffs they could be entitled to.
According to the website Entitledto.co.uk, there could be billions of pounds in unclaimed benefits across the country. The new tool allows users to perform a quick search using their basic information, with the results delivered in less than one minute, the calculator will then invite them to fill in a more detailed search to confirm what they might be eligible to claim.
Given the increasing cost of living, MaPS said it’s now more important than ever that people find out about other sources of income, along with any support available to help them manage their money and pensions.
