Millions of pension savers in the UK could be at risk of losing tens of thousands of pounds as a result of the UK’s economic turbulence.

An investigation by the Telegraph has found that people’s savings may be at risk if their pension provider has moved their pots to poor investments.

The report added that a typical pensioner could be £90,000 worse off, adding that one saver lost a third of his £330,000 retirement fund.

Gilt yields are shooting upwards again amid the threat of trading tariffs…