Commenting on today’s publication of estimates of Pension Credit take up, Royal London Pension Specialist Helen Morrissey, said:
“Today’s statistics show that only 60% of those entitled to Pensions Credit are actually claiming the benefit. This has been a long running issue that needs to be addressed by government sooner rather than later. As it currently stands up to 1.3m families are not claiming a benefit to which they are entitled with up to £3.5bn going unclaimed. This is a benefit aimed at the poorest of pensioners and steps must be taken to ensure they get the support they need.”
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Notes to editors:
Link to the statistics can be found here
For further information please contact:
Helen Morrissey, Corporate PR Specialist – Long Term Savings
- Email: helen.morrissey@royallondon.com
- Tel: 0203 272 5433
- Mob: 07919 170 712
About Royal London:
Royal London is the largest mutual life, pensions and investment company in the UK, with funds under management of £117 billion, 8.8 million policies in force and 3,745 employees. Figures quoted are as at 30 June 2018.