Nearly one in 10 (9%) over-60s say they are planning to delay their retirement indefinitely due to the cost of living crisis, according to a new study.

More women over-50 have quit the workforce than men since the pandemic hit the UK, creating a growing employment gap between older men and women.

Robo-advisers will have a hard time cracking the over-50s market with most in this demographic likely to reject an online-only automated service, according to new research.

Spain remains the top retirement destination for UK pension savers but non-EU locations are growing in popularity despite the fact that more than 500,000 are suffering a ‘frozen’ state pension by retiring to some non-EU jurisdictions.