Pensions veteran Steve Cameron, pensions director at Aegon, has joined the chorus of experts warning the government against scaling back pension tax relief for high earners in the Budget.

Research into retirement preferences among over-50s has revealed that many have a fear of missing out (‘FOMO’) when they finally stop working and many favour a phased retirement approach as a result.

With six months to go until Brexit, financial advisers have been surveyed on their key priorities for the future with most keen to see initiatives to help clients with pensions and social care costs at the top of the agenda.

New research from a financial provider has found that more consumers are seeking financial advice but the numbers overall remain low with nine out of 10 consumers shunning advice.