Retirement specialist Just Group reported that retirement income sales slumped 18% to £4.3bn last year while DB sales fell 28% to £3.1bn.

A new partnership between retirement specialist Just Group and consumer group Which? will see Which? members offered a savings and retirement service.

More than nine in 10 UK adults over 66 view the State Pension as an entitlement, despite only half (58%) believing it is affordable for the country, according to a new report.