A pensioner with money in her hand
Media playback is unsupported on your device

Pensioners could be given advice on how long they will live

Pensioners could soon be told how long they are likely to live under a government plan to help them manage their money better.

Pensions Minister Steve Webb wants to use factors like smoking, exercise and geographical location to give a more accurate assessment of how long a retirement - and any savings - are likely to last.

The BBC's political correspondent Gary O'Donoghue reports.

  • 17 Apr 2014
  • From the section UK
Go to next video: New pension changes come into force