A third of UK adults are in the dark about how they would fund later life care despite being only a year away from retirement, according to new research.

Chancellor Jeremy Hunt has halved the tax-free allowance for dividends from £2,000 to £1,000 per year.

Chancellor Jeremy Hunt will drag more taxpayers into the 45p additional tax rate by cutting the income tax threshold, he announced in his Annual Statement today.

British workers are saving less for retirement than European counterparts with a third saying they cannot afford to put more into pension savings, according to new research.