State pension warning as 150,000 people fail to claim retirement boost worth £5,200

Applicants can rest assured income, savings or investments will not affect eligibility for Carer's Credit.

So, how significant are these credits?

Quilter explains each annual credit missed could cost a person 1/35th of the value of the state pension.

This is around £260 per year or £5,200 over the course of a typical 20-year retirement, the firm added.