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Changes to winter fuel payments make it critical low income retirees check pension credit eligibility

Date: 29 July 2024

1 minute read

29 July 2024

If you are covering the news that the winter fuel payment will only be provided to those claiming pension credit or other means tested benefits, please see the following comment from Jon Greer, head of retirement policy at Quilter:

"It’s never been more important for pensioners on low incomes to check their eligibility for pension credit, given the news that the winter fuel payment will now be contingent on you claiming the credit or other mean tested benefits.

“Unfortunately, despite frequent campaigns by the media and government many pensioners miss out on claiming pension credits. This can be down to lots of reasons but often its due to a lack of awareness or a feeling that they won’t be eligible, so they don’t bother. However, if missed, eligible pensioners miss out on a significant boost to their retirement income and also now the valuable winter fuel payment.

"The importance of claiming this credit if eligible cannot be overstated. Pension credit not only guarantees a weekly income to £218.15 if you’re single or £332.95 if you have a partner- but also opens the door to a variety of other benefits. These include help with housing costs, council tax, and heating bills.

"For those unsure about their eligibility, an online pension credit calculator is available to provide an estimate of potential benefits. Applying is simple and can be done through various methods, including filling out a form online, printing and completing a paper form, or calling 0800 99 1234."

Alex Berry

External Communications Manager

Notes to Editors:

About Quilter plc

Quilter plc is a leading wealth management business, helping to create brighter financial futures for every generation.

Quilter plc oversees £157.4 billion in customer investments (as at 30 June 2026).

It has an adviser and customer offering spanning financial advice, investment platforms, multi-asset investment solutions and discretionary fund management.

The business is comprised of two branded segments: Quilter and Quilter Cheviot.

Quilter encompasses the financial advice network and national, Quilter's investment platform and multi-asset solutions and Quilter Invest, the digital savings and investment app.

Quilter Cheviot is a discretionary fund management and financial planning business.

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Senator House, 85 Queen Victoria Street, London, EC4V 4AB, United Kingdom. Registered number: 6404270.  Registered in England.

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