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UK employees are still expecting to fully retire at 66 and spend 16 years in retirement despite financial worries, according to Aegon.

Prudential's Class of 2012 research has highlighted a lack of long-term planning when it comes to coping with ill-health in retirement, says Prudential.

Financial advisers are expecting a surge in business from retirees as economic circumstances mean financial plans are requiring changes, according to MetLife.

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