Hargreaves Lansdown’s chief executive Chris Hill will quit next year after six years at the helm of the investment and platform provider.

Chris Philp, Chief Secretary to the Treasury, has refused to confirm that the State Pension will be uprated in April in line with inflation.

Ten years after the start of auto-enrolment, more than 10.7m employees have enrolled into workplace pension schemes, according to recent statistics from The Pensions Regulator.

Confidence among investors is at its lowest level since May 1995, according to new data.