One in 3 over 55s with a private pensions have more than one pension pot but this group are the least likely to consider consolidating multiple pensions, according to new research.

Research by Aegon has revealed that 64% of people had multiple pensions and close to a quarter had mislaid pension savings.

Savers could be in line for a pension pot boost of as much as 30% this year with further rises on the way, new analysis by Aviva has shown.