Fresh new challenges have been thrown up for retirement planning following the publication of new ONS statistics today showing that the number of centenarians living in England and Wales in 2021 climbed to the highest ever number ever recorded.

The House of Lords is due to sit today for the third reading of the Pensions (Extension of Automatic Enrolment) (No. 2) Bill - its last stage before receiving Royal Assent and then becoming law.

Millions of older workers are unaware of how much they have saved for retirement, prompting fears that they will miss out on an opportunity to boost their retirement pots.

More than six in 10 adults (62%) say that saving for retirement remains a “high priority”, despite the challenges of the cost of living crisis.