WEBVTT 1 00:00:02.800 --> 00:00:05.160 Let's talk workplace pensions, in 20. 2 00:00:05.160 --> 00:00:07.720 So a pension is basically an income 3 00:00:07.720 --> 00:00:08.800 for your retirement. 4 00:00:08.800 --> 00:00:10.080 The sooner you start one, 5 00:00:10.080 --> 00:00:11.000 the more comfortable 6 00:00:11.000 --> 00:00:12.320 you should be in later life. 7 00:00:12.320 --> 00:00:13.120 The good news? 8 00:00:13.120 --> 00:00:14.400 If you're at least 22 9 00:00:14.400 --> 00:00:15.960 and under retirement age, 10 00:00:15.960 --> 00:00:17.880 and earn £10,000 or more, 11 00:00:17.880 --> 00:00:19.640 you should already be in a workplace 12 00:00:19.640 --> 00:00:20.480 pension scheme. 13 00:00:20.480 --> 00:00:22.480 Not sure if you are? Ask your employer.