Yes it does sound boring but seriously pensions are exciting. In Australia they are called Supers.
Pensions are super because the government gives you tax back on funds you invest in them.
You invest £800, £1000 get invested on your behalf. (£200 back from the government) or better still if you are a higher rate tax payer.
Also once invested they are exempt from Capital Gains Tax and Income Tax.
See Pensions are Super.