More than three in five UK workers (62%) have more than one pension pot, according to research from workplace wellbeing specialist Wealth at Work.

The pensions industry should drive small pension pots consolidation by 2030, trade body Pensions UK has urged.

The Government is to create a small pensions pot consolidator as part of its Pension Schemes Bill.

Many retirees could empty their pension pots by their late 70s - leaving nine years of retirement unfunded, a major pension provider has warned.