Half of workers in the UK (49%) plan to work beyond State Pension age, with the average person now expecting to push back retirement to 72.

Chancellor Jeremy Hunt’s National Insurance (NI) cuts, which come into effect on Saturday, could hit the future funding of the state pension and current triple lock.

A major new study has found that a quarter of people (24%) are in the dark about the age they will receive their State Pension - including 10% of those aged 55 to 64.

The Institute for Fiscal Studies (IFS) has proposed a new ‘four-point pension guarantee’ to replace the current State Pension Triple Lock.