How pensions work: Your essential guide to saving for a richer retirement

Pensions can sound a bit dull and dreary and it can be very tempting to put off properly saving into them.
When you're young it's easy to dismiss them as irrelevant to you, as retirement seems a long way off.
When the expenses of life encountered in your thirties and forties arrive - such as buying a home, paying for a wedding and raising children -  saving for retirement can feel a long way down the list of priorities.
Then in your fifties - with retirement approaching fast - it can be all too easy to decide that as you haven't saved enough yet, there's no point bothering now.
But making... read more