Falling life expectancy could help 20m pension savers avoid the threat of an increasing State Pension Age, according to actuarial pensions consultancy LCP.

LCP has called on the Chancellor to improve the current system of tax breaks for financial advice.

Pension transfer advice is under threat and may become scarce without action by regulators and pension schemes, according to new research. 

Over 325,000 people have successfully applied for protection against breaching the Lifetime Allowance, according to a Freedom of Information response.