I would discount pensions completely. By the time I was 40, I had prudently amassed £55k in my Equitable "Pension", it is now worthless. I received fair and just compensation from this government of £128 last month. I live and work in Bristol, I only have to look at the AXA and Hargreaves Lansdowne Headquarters in the City to understand where your investment really goes. To think the government or the pensions industries are going to give you anything other than the bare minimum from your lifelong investment is Very Foooooolish indeed
