Money Box Pension Credit and Renters Insurance
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Nov 9, 2024 In this engaging discussion, Emma Smith, a Money Box reporter, and Devon Ghilani from Policy in Practice delve into the government's push to increase pension credit awareness among seniors. They highlight the financial benefits it brings, including winter fuel payments. Dan Whitworth sheds light on council tax debt, critiquing aggressive collection practices. The episode also explores why many renters forgo insurance despite the risks of losing their belongings, offering valuable insights into affordable options to protect their finances.
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Check Pension Credit Eligibility
- Check pension credit eligibility even if you think you won't qualify because many assume wrongly they're not entitled.
- Claim online or by phone and get help if needed to access significant weekly income and other benefits.
Winter Fuel Link Increases Take-Up
- Linking pension credit to the winter fuel payment increased public attention and boosted claims.
- Policy design that ties visible payments to means-tested benefits reduces stigma and raises uptake.
Priscilla’s Life Changed By Pension Credit
- Priscilla described pension credit as nearly a third of her income and worth about £50 a week to her.
- She says it lets her heat her home and reduces the need to cut back on essentials.