The state pension age is set to rise much more quickly than anticipated warns Malcolm McLean, as statistics show life expectancy has increased rapidly over the last century.
UK inflation rises 0.1% in July to beat forecasts
The Consumer Prices Index (CPI) 12-month rate edged up to 0.1% in July, the sixth successive month it has been at or around zero.
Participation in private sector workplace pension schemes has rocketed since the start of auto-enrolment.
Employers will be less susceptible to strike action and be able to take greater remedies when strikes do occur under tougher laws unveiled by the government.
The weekly income gap between pensioners and the working-age population has narrowed to 8% over the past two decades, according to official figures.
There has been a steady climb in the proportion of Britons who see workplace pension schemes as the best way to save for retirement.
AE has been a success but five million will miss out
Sterling has pulled back against the dollar after a second estimate of Q1 UK GDP growth failed to produce the upwards revision expected by economists.
Expectations that low oil prices could trigger a period of deflation have been met after the consumer prices index (CPI) weakened to -0.1% for the year to April 2015.