Three-quarters of UK adults are clueless about how much is in their pension pot, according to new research.

The vast majority of financial advisers (89%) feel positive about their business this year with only 11% pessimistic.

Savings and retirement provider Phoenix Group saw assets under administration (AUA) fall 16% to £259bn last year from £310bn in 2021, after it made a pre-tax loss of £1.8bn.

Gaps remain in workplace pension awareness a decade after the introduction of auto-enrolment, new research has revealed.