Retirement confidence is on the rise, with more than half of savers yet to retire feeling they will be able to do so comfortably, according to research by Aegon.
The Association of British Insurers (ABI) has said legislation will be required to ensure the pension dashboard has wide enough coverage so it can work for everyone.
Half of people aged over 55 have no idea when they can afford to retire despite being within a decade of state retirement age, according to research.