New research suggests millions of older pension savers have little idea about what the State Pension is worth - with 40% of 55 to 64-year-olds in the dark about their State Pension forecast.

The latest HMRC inheritance tax receipts published today have revealed that £5.7bn was collected in the first three quarters of the 2023/24 financial year.

A third (29%) of parents born between 1965 and 1980 are financially supporting children over the age of 21.

Britons have lost out on £1.13bn of pension tax relief in the five years to 2020/21, according to Hargreaves Lansdown.