Half of millennials were saving into a pension in 2016 but the overall total of their savings has dropped, according to analysis.
Millennial women are less financially confident than their male peers, despite improvement in the gender pay gap, according to research by the Pensions and Lifetime Savings Association (PLSA).
Growth in income of pensioner households compared to that of working-age has been a "remarkable shift" in recent years, says the Resolution Foundation.