Pensions might seem complicated but the basic idea is a simple one. It’s worth finding out more about income in your retirement, because your State Pension – while providing a foundation – may not be enough to live on.

And whatever your age, you’re never too young to start thinking about your pension. It’s best to know sooner rather than later whether you’re paying too much or too little and what you can do to plan for your retirement. There are many organisations that can offer advice and help you find what’s best for you.

You can receive independent financial advice – although independent financial advisers will charge a fee, either directly or in the form of commission paid to the adviser by the pension company, if you buy a personal pension through the adviser. It’s worth bearing in mind that banks, insurance companies and building societies are not independent financial advisers and will often have a financial interest in any decision you make.

Your workplace pension actuary or administrator, personnel manager or trade union officials can also be useful sources of information. However, they are likely to be committed to occupational pension schemes specific to your employer.

A new law means that every employer must automatically enrol workers into a workplace pension scheme by 2018 if they are aged between 22 and pension age, earn more than £10,000 a year and work in the UK. This is called automatic enrolment

More information on workplace penions can be found on  They also provide a pension tracing service for those that may have lost pensions from previous employment.

can offer information and guidance about your pension options and tax implications, although this guidance only applies to 'defined contribution' pension pots.

If you’re close to retirement age, you can book a free appointment with a Pension Wise pensions guidance specialist who will talk through your pension options.

  can also offer advice if you need to complain about the administration of your personal pension, such as delays in payment of benefits, misquotations or errors in recording contributions. It can also give information and advice on stakeholder pensions and can assist with complaints to the Financial Ombudsman Service. It cannot provide financial advice or advice on individual personal pension schemes, though.