New consumer research has found that more than three quarters (77%) of people are shunning financial advisers when it comes to retirement planning and opting to 'go it alone.'

The number of people aged 85 and over is set to double over the next 25 years to 3.2m, according to ONS projections out today.

Leaving Financial Planning too late in life remains the biggest threat to clients’ future financial security, according to the latest Aegon Adviser Attitudes Survey.

Most financial advisers expect client numbers to grow over the next year, as optimism pervades the sector following the pension freedoms.