MARTIN Lewis’ MoneySavingExpert.com (MSE) has issued a warning to anyone earning less than £220 a week.
In the latest MSE newsletter, the team encouraged people on a low income to check if they qualify for pension credit.
It said: “If you’re over 65 and have an income of less than £220 a week (or £320 if you’re a couple), it’s worth checking if you’re due pension credit.
“It can be worth £1,000s a year, but more than 800,000 pensioner households who are eligible don’t claim.”
It comes as one MSE reader wrote in to say her mum is now saving an extra £5,000 a year.