Average income from private pensions has tripled compared to the growth in state pensions since 1979, claims a pensions report from Clerical Medical.
A simpler, more transparent state pension is a fundamental first step needed in pensions reform claims a new report by the Pensions Policy Institute (PPI).
Virgin Money has highlighted the reality of living on the state pension, by revealing pensioners spend less per week on their shopping, than most people spend on dining out.
One million workers will have to rely solely on the State pension scheme to fund their retirement claims, according to research by B&CE Benefit Schemes.
The majority of IFAs say the current state pensions system needs a fundamental overhaul, according to research from AXA.
State pensions must be reformed to help women and poorer people in particular, Stephen Haddrill, director general of the Association of British Insurers (ABI), said on Monday.
The Liberal Democrats have set out their pensions manifesto for next year's general election, by proposing to increase basic payments for the oldest pensioners and pay State benefits based on residency.