Has the cost of living affected your pension

Are you prepared for life after work? Do you know how much your pension will be? Because a staggering amount of people don't.

The UK pensions industry is holding its annual conference in Liverpool, during which they heard from the Pensions Commissioner Baroness Drake and will hear from Pensions Minister Torsten Bell and Shadow Pensions Secretary Helen Whately.

Liverpool Experience Campus by Matthew Blakstad, director of strategic policy and research for Pensions UK, the industry body that is running the conference, spoke with BBC Radio Merseyside's Kevin Duala.