More than one in five (22 per cent) UK adults wish they had learned to save for retirement earlier, a report from Aqua has found.

This was particularly true for those aged 45 to 64, with 27 per cent citing this as their “biggest financial mistake.”

The research, which surveyed over 5,000 UK residents, also found that 20 per cent of adults wished they had learned earlier why implementing a pension plan is important, while nearly one in six (14 per cent) admitted to not planning for retirement at all.

The report said that as a result, almost a third of adults felt negatively about their financial situation, with uncertainty being the main driver.

According to the survey, just over one in 10 (11 per cent) Brits feel ‘uncertain’ about their current financial situation, and a further 9 per cent feel 'anxious’, while 15 per cent feel 'content'.

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