Grandparents who regularly care for their grandchildren could be in line for a significant income boost. Specified adult childcare credits (SACCs), introduced in 2011, were designed to support those looking after a family member’s children, contributing towards their future state pension.

The National Insurance credit received by a parent or carer claiming Child Benefit can be transferred weekly as Class 3 National Insurance credit for each week of care provided. Despite over 12 million…