In the current state of affairs, with pensions earning about 10,000 per year it's becoming impossible not to have a different source of retirement income. There are a variety of methods to supplement the pension system and by doing so, it's possible to gain greater financial protection.

The simplest answer is to save as much as you are able to manage to. But, it's worthwhile to think about other kinds of savings to save for retirement, like shares and stocks ISAs. 

A lot of financial advisors don't believe in keeping all the money in one spot. If you are able to spend 100 per month on your savings, you could divide it among final salary pension transfers and other investment vehicles , such as shares and stocks ISA.

Work-related pension plans are now moving away from final pensions based on salary, which guarantee your retirement based on time of employment. Another option is money-based purchase plans, or defined contribution schemes. 

Employers will contribute an amount to your pension that is typically modest. Certain companies, however, offer between 5 and 10 percent. However, it's free money that should only be refused when you have a more suitable alternative elsewhere.

If you are part of an occupational pension plan as well as a private pension plan you have a degree of control that allows you to make more contributions if you want to.

Invested Personal Pension scheme (SIPP) is a very popular option for those who can't join a company scheme, or who want to run a private pension plan as well as an occupational one simultaneously.