"Significant cuts" are being made to the living standards of UK workers to prepare for their own retirement.
Research has found many people place too much reliance on the state to help them in later years.
Pensions expert, Dr Ros Altmann told Daybreak that it is vital people have their own pension plans.
She added: "It is so important to not have a fixed age where you think I won't do any work at all."
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After a damp morning it will brighten up in the south and northeast but will remain cloudy in northwest England and southern Scotland.
Chinese leaders have imposed the sanctions after becoming increasingly frustrated with Kim Jong Un’s nuclear and missile tests.
Union boss says he "deeply regrets" the disruption to people's travel plans after several days of talks failed to break the deadlock.