Rising private pension and property wealth fuelled a 9% rise in median household net wealth in Great Britain in the two years to March 2018, according to the latest ONS report.

Labour’s Election Manifesto, unveiled today, promises a maximum State Pension Age of 66 and opens the door to some workers in ‘arduous’ jobs retiring earlier.

More people in their twenties are now saving into a workplace pension thanks to the success of automatic enrolment.

Delegates at the PIMFA Summit in London this morning heard how pensions auto-enrolment could be used as a framework for future savings.