Retirement: Pension myths, misconceptions and the occasional informed comment

Pension myths, misconceptions and the occasional informed commentEvery so often a newspaper prints a financial story which really captures the imagination of their readers. Last Saturday such a story was published in the Telegraph under the dramatic headline: “Government made me squander £66,000 on rotten pension.” You can read the full story by clicking here but it involved a Mr Miles who is in his 60’s and now regrets buying an Annuity with his pension fund, whilst bemoaning the fact that the new ‘Pensions Freedom’ won’t apply to ...