Hundreds of thousands of pensioners could get up to £3,900 plus an extra 6 benefits they don’t realise they're entitled to. It is estimated that up to 880,000 eligible households are failing to claim Pension Credit, leaving over £1.7 billion unclaimed.
Royal London has partnered with Pocket Power to launch a new initiative aimed at helping pensioners navigate their financial options. In addition to the direct cash boost, claiming Pension Credit opens the door to a range of other benefits. Yet many pensioners remain unaware of the full spectrum of support available.
According to research, the top six lesser-known benefits include discounts on Royal Mail redirection services (93% unaware), housing benefits (57%), NHS dental treatment and glasses (nearly half unaware), potential council tax discounts (43%), a free TV licence for those over 75 (41%), and Winter Fuel Payments for energy costs (32%). READ MORE All the dates in December snow will hit UK with England facing five days' worth Research reveals six additional benefits that many pensioners don't realise they could access through Pension Credit. The least known benefit is a discount on Royal Mail redirection services when moving house, with 93 per cent unaware of this perk.
Help with rent costs through Housing Benefit is unknown to 57 per cent of pensioners. Nearly half are unaware of additional help with NHS dental treatment, glasses and transport costs. Around 43 per cent don't know about potential Council Tax Discount assistance.
A free TV licence for those aged 75 or older is unknown to 41 per cent of eligible pensioners. Finally, 32 per cent are unaware they could get help with energy bills through the Winter Fuel Payment. Sarah Pennells, consumer finance specialist at Royal London, said: "It's great to see pensioners are savvy on so many levels, with many taking steps such as changing energy providers to limit their outgoings.
"However, there is still a significant gap in awareness around Pension Credit and the other benefits that claiming it entitles people to.".
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State pensioners being handed six freebies and discounts which '93 per cent are unaware of'
It is estimated that up to 880,000 eligible households are failing to claim Pension Credit, leaving over £1.7 billion unclaimed.