Over 50s 'must ensure they are claiming benefits'

A financial adviser has called for over 50s to make sure they are claiming the benefits to which they are entitled.

An older people's financial adviser has called for over 50s to ensure they are aware of and claiming any state benefits which may be entitled to them.

New research by Just Retirement Solutions has revealed that retired older people are missing out on an average of 232 a year due to a failure to claim their benefit entitlement.

Almost a quarter of the group's customers were found to have missed out on claiming money that is due to them, while a further three per cent did not take their full allocation.

Nigel Barlow, head of research at Just Retirement, called on the government to make the claims process simpler for pensioners, as well as reminding retirees of the need to keep abreast of any benefits they are owed.

He said: "This would not only provide a welcome relief to those less well off but ensure that pensioners receive what is rightfully due to them."

This comes after research from Scottish Widows last month indicated that retirees are facing larger financial burdens than ever from outstanding mortgage payments and the needs of adult dependents.

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