Half of adults expect to work to at least the State Pension age, currently 66, but half of under 50s believe there probably will no longer be a State Pension by the time they retire, according to a think tank’s research.

The Association of British Insurers (ABI) has warned the Government that proposals to introduce lifetime 'member choice' pension pots risk undermining the success of automatic enrolment.

HMRC has said that it intends to issue a second set of regulations changing the legislation governing the lifetime allowance abolition.

Four potential operators of Pensions Dashboards - Just Group, Legal & General, Moneyhub and Standard Life - have set up a new industry coalition known as the Dashboard Operators Coalition (DOC).