The number of people not saving enough for a minimum retirement lifestyle has increased by 1.2 million people (3%) in the last year, a report from pensions provider Scottish Widows has revealed.

The government should introduce auto-enrolment (AE) saving schemes to help more people save, the Resolution Foundation has urged.

Economics research institute The Institute of Fiscal Studies (IFS) has reported almost a fifth of working-age private sector employees (around 3.5 million people) do not do any pension saving each...