Christchurch 'UK retirement hub'
The historic coastal town of Christchurch in Dorset has been named as the country's retirement capital, with the biggest concentration of pensioners living there in the UK.
Analysis of official census figures by Prudential found that three in 10 (30%) people living in Christchurch, which is home to an 11th century castle and a large natural harbour, are retired.
Tower Hamlets in London was found to have the lowest proportion of retirees in the UK, with just one in 16 (6%) people there who are pensioners.
The proportion of pensioners living in Christchurch is almost double the national average of 16%.
Almost half of homes currently listed for sale in Christchurch have a price tag of at least £300,000, according to property search website Zoopla. Last year, a beach hut in the area sold for £170,000 two days after going on the market.
The South West, with its relatively warm climate, an abundance of beaches and miles of English countryside, was found to be the most popular region for retirees generally. Almost one fifth of people living there are of pension age.
West Somerset was named as the UK's second biggest retirement hotspot, with 29% of people living there drawing their pension. East Devon, East Dorset and West Dorset were also popular areas with the UK's 10 million-strong pensioner population.
Wales has the second biggest concentration of pensioners at a regional level, while the North East, the South East and the East Midlands also proved popular.
London, which has seen a particularly strong growth in house prices in recent months, is the least popular region for retirees.
Only around one in nine (11%) people living in the bustling English capital are pensioners. Outside London, Northern Ireland has the lowest concentration of pensioners, at just under 15%.