"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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The so-called Islamic State released a statement alleging they had shot down a US warplane over Iraq.
The tree, which suffered previous wind damage in 2011, was made famous through the classic 1994 jailbreak film starring Morgan Freeman.
The British Muslim convert insisted he is not "currently" a fighter in Syria.