A survey of 15 countries has revealed that Britons are not planning for retirement.

More than 15,000 people in 15 countries were polled,  with 58% of Britons admitting they prioritise saving for holidays over bulding up a nest egg for their retirement.

While the average UK retirement is expected to last 19 years, it has been estimated that todays workers will run out of money after only 7 years.

The survey was carried out by HSBC.