Pensions are intimidating. Most people don’t know a lot about them. But they do know they’re important. Thinking about them evokes the unpleasant feelings of inadequacy and helplessness. Pensions are not familiar territory for most Irish people. In a test of basic financial literacy, the average Irish person answers slightly more than one out of five questions correctly. And 63 per cent of people worry they won’t have enough for retirement.  It used to be the employers’ job to worry about pensions. In the old pension model, the employer guaranteed the employee a percentage of their final salary in retirement.…