One in three people with a work pension say it was inadequately explained or they were never offered any information at all, a new survey reveals.
A quarter say they feel anxious or confused whenever they think about their pensions, and one in 10 have never checked what they have saved in their work scheme.
Yet pension firm Penfold found 85 per cent of the small and medium-sized firms it surveyed believed their employees fully understood the pension scheme.
Work pensions, along with state pensions, are the main pillars of people's retirement income but many don't grapple with them until later in life.
They come with many perks, most importantly the free cash thrown your way by employers and the Government, but have plenty of less well-known benefits.
