Watchdog warns workers ‘leave it too late’ to check pension terms

The pension watchdog has expressed concern that many workers are finding themselves with inadequate pension provision as a result of leaving it until close to retirement age to check out their entitlements, writes Seán McCárthaigh.

The Pensions Ombudsman, Ger Deering, said experience showed that many members of pension schemes who had failed to establish what to expect from their pension fund were leaving little time to improve their position.