Fewer people are cutting pension or SIPP contributions as the cost-of-living crisis eases, according to new data.

More than 1m mortgages taken out in the past three years extend beyond the borrower’s state pension age, prompting fears that young home buyers are gambling with their retirement income.

The Pensions Dashboards have been hugely delayed, already cost millions in development costs, are years behind schedule and many have written them off as a disaster.

Pensions and investment provider Aegon has urged the FCA to consider giving financial advisers a bigger role in the Pensions Dashboards to help clients make “better decisions.”