Nearly a third of schoolchildren are concerned about saving enough for retirement, according to a new survey of young people.

Former Financial Planner Rob Roberts, MP for Delyn (North Wales), told the House of Commons that the UK could find itself gripped by a retirement crisis if savers’ attitudes towards Financial Planning and advice did not change.

Three in five (59%) of 45 to 54-year-olds said they are confused by their choices at retirement, according to new research.

Over a third (35%) of Britons have never reviewed their retirement plans and 29% fear they will be short of money when they retire, according to new research.