The World Economic Foundation has projected that average retirement ages in OECD countries, including the UK, will need to increase by an estimated 8.4 years by 2050 to maintain the current balance between working-age and non-working-age populations.

The state pension triple lock needs to be review as part of wider focus on older workers, according to John Cridland, author of the government’s Cridland Review of State Pension Age in 2017.

More than three-quarters of working adults have little idea how much the state pension is or when they can claim it, according to a new survey.

Pension savers are more likely to have a pension than 10 years ago but more are expecting to retire later than their parents’ generation.