Less than half of savers are confident of being financially independent in retirement

Research by Continuum and YouGov has found that younger and middle-aged adults in the UK are particularly anxious about their finances compared to those over 55.

According to the survey, those aged 45 to 54 were the most concerned: only 29 percent of them are confident that they will be financially independent in retirement.

Those over 55 were significantly more confident: 53 percent said they would be financially independent.

Here, too, men appeared more self-confident than women: 46 percent of men said this, compared to 40 percent of women.

The study also found that marital status impacts people's self-confidence: 53 percent of married or civil partners said they were confident, compared to 28 percent of single people.