Martin Lewis has warned that those that don’t act now could lose out on thousands of pounds

Martin Lewis has issued an urgent warning to savers that they could miss out on boosting their pension pot by £10,000 is they don’t act now.

The financial guru has emphasised that this isn’t “exaggeration” and anyone aged between 40 and 73 have until April 5th before the “door shuts forever.”

In a call to arms on X, Martin explained: “Pls share. If someone hasn’t checked this yet and is between the age of 40 and 73.

Read more: Martin Lewis issues breaking ‘news’ to UK households after Bank of England decision

“Without exaggeration it could be worth £10,000s, so check. If you miss it now the door shuts forever on 5 April.”

Last year on his ITV programme, The Martin Lewis Money Show, the money-saving expert revealed that about 200,000 individuals got their child benefit claims wrong.

This resulted in missed National Insurance contributions, potentially diminishing their future state pension.

Immediately demonstrating the power of Martin’s advice, a pensioner, Gabriel, shared how he turned his fortune around by an whopping £32,000 thanks to the presenter’s insights.

Just as Martin had highlighted, Gabriel noticed a major oversight in child benefit claims that had impacted his National Insurance credits, which in turn negatively impacted his pension.

Jeanette Kwakye, co-host on the ITV programme, said on before of the pensioner: “Gabriel’s been in touch. After watching your show about pensions, I realised I have about 14 years of shortfall. I asked for my wife’s child benefit, national insurance credits to be transferred to my name, and I received 11 years of credit increasing my pension by over 60 pounds a week.”

Gabriel himself added: “If I live 10 years after pension age, I’ll get an extra £32,000. So thank you so much.”

“Of course, typical life expectancy once you take your pension is double that, so it could be 60 grand,” Martin added.

He added: “There are, I believe, 200,000 people in the country who had the wrong parent claim child benefit. Because what happens is if you’re working, you get national insurance credits that go towards your pension. And if you’re looking after a child, you also get national insurance pen credits.

“But if you have one working parent and one non-working parent, and the working parent is the one who claims child benefit, then they’re already getting it from working. So they don’t need it from childcare. And the other one isn’t getting so that transfer will be that he was earning less than the threshold to get national insurance credits.

“He was earning over it. He should have been claiming he wasn’t so they’ve transferred it. £32,000. 200,000 people in that situation. It’s worth looking at that. That is brilliant.”