UK. Pensions FEAR: Middle-aged workers risk poverty in old age over poor planning

Almost three quarters (73 per cent of people aged 45-plus longing for the freedom retirement brings, the research found.

But almost half (46 per cent) of those with a pension have no idea how much it is currently worth.

Almost a fifth (19 per cent) have no pension at all, found life savings company Standard Life.

Two thirds of those aged 45 and older (67 per cent) are hoping for a shift in lifestyle, keen to retire early before the state pension age kicks-in.

However only one in 10 has increased how much they are investing in their pension in order to help make this happen.

Read More: Express