Annuities have hit their highest level since December, according to new data.

Four out of five workers fear they will have to work longer until retirement because of the cost-of-living crisis.

A change in the way financial advisers think about risk can lead to better outcomes for those in or approaching retirement, according to fund data provider FE Investments.

More than half of financial advisers reckon the FCA’s thematic review of retirement income advice should recommend a different investment approach for clients in decumulation compared to those in accumulation.