This weekend on Newstalk, we're talking pensions with Irish Life. Lots of people don’t realise how a pension could give them a better life in the future. We have teamed up with Irish Life to give you the chance to win €1,000. Enter below to be in with a chance to win!

For many of us, a pension is the last thing on our minds.

With work, family and everything else in between, it can be hard to find the time to really think about the future – and what you can do now to give yourself the best in life when you retire.

On top of that, pensions can be daunting, with far too many people left feeling like there is too much they don’t understand and nobody they can ask for advice.

Luckily, Irish Life is here to help.

Irish Life Certified Financial Planner Laura Duffy.

With trusted financial advisers on hand to help you sort through all the options on offer, Irish Life can give you the tools you need to give yourself the best chance of living life to the fullest when you retire.

Irish Life Certified Financial Planner Laura Duffy told Newstalk that the biggest mistake people make is waiting too long to get started.

She said far too many people put off taking the plunge into pension planning and the first question she asks all her clients is, ‘What is the biggest thing standing in the way of you starting a pension?’

Ms Duffy said people need to ask themselves some basic questions:

• How much money will I need each week to live the life I want when I retire?
• How much can I afford to put aside now while I’m still working?
• What are the tax advantages of saving into a pension?

Without taking those first steps, far too many people end up starting their pension too late and leave themselves with a bigger hill to climb later in life.

Ms Duffy said most of the people that come to her don’t know where to start – but with the right advice, they can have a plan in place for their future in no time at all.

You can contact Irish Life now to meet with a financial advice expert and start planning today.

Irish Life Financial Services Limited, trading as Irish Life, is regulated by the Central Bank of Ireland.

Irish Life Financial Services is an insurance intermediary tied to Irish Life Assurance for life and pensions.