UK inflation rose at the slowest pace in almost three years last month, with CPI inflation dropping from 1.7% to 1.5%.

Next month, those receiving the State Pension are likely to find out that their weekly payments will increase by 4% from April 2020.

WASPI campaigners have lost a legal battle against Government handling of the rise in women's state pension age.

In response to the recent suggestion that the State Pension age should increase to 75, Aegon called on the Government to confirm pension freedoms will be available from age 55 even if the pension age is raised.