The 8.5 percent rise in the state pension will fall short of covering the rising costs pensioners face, an expert has warned.

Rudy Khaitan, managing partner of Senior Capital, told Express.co.uk the Government needs to do more to help older Britons.

He said: “While the 8.5 percent increase in the state pension is a step forward, it falls short of adequately addressing the financial challenges faced by pensioners amidst the UK’s cost of living crisis.

“To truly alleviate their strain, more…