Winter Fuel Help and Young Homeowners
The pensioners who've lost the Winter Fuel Payment but are now getting help from their local council instead.
Some councils in England are offering vouchers or money directly to pensioners who've lost out on the Winter Fuel Payment this year. The money is being offered as part of the Household Support Fund, which is money given by the government to local councils to use to help residents who're struggling with essential bills, like energy and food costs. Winter Fuel Payment can be 拢200 or 拢300, but this year it's means tested, meaning millions of people will no longer get it. Money Box has found that some pensioners may still be able to get help with their energy bills via their council, if they've just missed on qualifying but are still struggling. The government says over a million pensioners will still receive the Winter Fuel Payment and that its drive to boost Pension Credit take up has seen applications more than double with over 40,000 more pensioners now receiving it.
The law relating to how couples split their assets and provide for each other and any children after divorce was last changed in England and Wales more than fifty years ago. On Wednesday the Law Commission which advises the government on how well laws are working will publish its findings on whether the current rules deliver fair and consistent outcomes. If it finds problems it will make suggestions for how they might be solved. We'll discuss what those options might be.
And, we often talk about how hard it is for young people to afford buy their first home - but how easy is to manage finances once you get on the property ladder?
Presenter: Paul Lewis
Reporter: Dan Whitworth
Researchers: Emma Smith and Jo Krasner
(First broadcast 12noon Saturday 14th December 2024)
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Money Box
The latest news from the world of personal finance