More than three quarters of a million elderly people in the UK are missing out on pensions credit – a valuable top up that could add more than £3,000 a year to your income.
That’s according to Department for Work and Pensions (DWP) figures released today, amid a growing cost of living crisis that could send inflation soaring above 7.5% by April.
The DWP findings show less than seven in 10 people who are eligible for pensions credit currently receive it.