Most over-55s who have used the Pension Freedoms - introduced in 2015 - still place huge value on the regular income from the State Pension, a survey has found.

Royal London has warned against a “drastic” proposal to raise the State Pension age to 75.

A pensioner aged 76 - who mistakenly thought he was not entitled to the state pension - has received a backdated pension windfall of £132,800 after intervention from an equity release adviser.

Following a Freedom of Information Act request, Canada Life has uncovered the number of people qualifying for the full new state pension following its introduction in April 2016.