Cost-of-living Fund: Round 1
In response to the cost-of-living crisis, in 2021 Independent Age awarded a total of £2 million (£1 million kindly donated by the Pension Insurance Company) to 50 organisations across the UK that work to increase the amount of money in the pockets of older people. This was achieved through maximising people’s income by providing support to claim benefits, or by reducing expenditure, such as by switching energy provider, getting housing support or debt advice, or considering social tariffs.
These grants ended in November 2023, and we have evaluated the impact that they had for the organisations we funded, and the older people they supported. Some of the highlights include:
35,635 older people supported
£13 million of benefits secured
14,793 older people reported increased awareness of the financial support available to them
12,343 older people reported an improvement in their financial wellbeing
Cost-of-living Fund: Round 2
These grants ended in November 2024, and we have evaluated the impact that they had for the organisations we funded, and the older people they supported. Some of the highlights include:
People supported: 15,443
Number of people supported to access previously unclaimed entitlements: 4,804
Total value of benefits secured: In excess of £13 million
Funded UK projects and where they are
