A new study suggests that retirees may have a life expectancy six to seven months lower than before the Coronavirus pandemic.

People aged 50 and over on average believe they will live until around 80 despite official figures suggesting they will live for several years longer.

Annuities have hit their highest level since December, according to new data.

Four out of five workers fear they will have to work longer until retirement because of the cost-of-living crisis.