UK Pensioners Urged to Claim Winter Fuel Allowance
UK Pensioners Urged to Claim Winter Fuel Allowance

UK Pensioners Urged to Claim Winter Fuel Allowance

News summary

The deadline for state pensioners to apply for pension credit, which qualifies them for the winter fuel allowance of up to £300, is approaching with urgency. This allowance, previously universal, is now limited to those on pension credit following policy changes by Chancellor Rachel Reeves aimed at reducing public spending. Despite efforts to promote pension credit uptake, over 750,000 eligible pensioners have not claimed, missing out on additional benefits. Criticism has emerged from Kemi Badenoch over the government's decision, while Labour leader Sir Keir Starmer defends the cuts as fiscally necessary. Additionally, pensioners face financial challenges, as many earn too much to qualify for support but too little for a dignified living. Savers are also advised to secure high-interest savings amid potential Bank of England rate cuts.

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Last Updated
27 days ago
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