Hundreds of thousands of pensioners over 75 face 'poverty trap', charity warns

Updated

Nearly a million over-75s are living in poverty, a charity has warned.

Hundreds of thousands of these poverty-stricken pensioners are in a "poverty trap" with little hope of escape in their lifetimes, according to Independent Age.

Its research found many "older pensioners" are worse off than their younger counterparts by thousands of pounds a year on average, leaving 20% of over-75s living below the poverty line.

The charity said the "silent generation" of pensioners who lived through the Second World War are being forgotten while public discussion focusses on the wealth of younger "Baby Boomers".

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