Mr angry - while the sharks are circling and devising ways to relieve you of your hard earned cash, don't forget the benefits you get from putting money into a company (not private)pension which you don't get from the large majority of other investments:
1 - Tax relief on your and your employers contributions.
2 - Greater legal protection in the event of the investor running off with your cash.
3 - Free lump sumps for death in and after service.
4 - Index linking if you're lucky.
5 - The right to become a trustee, and the right to vote at any time (subject to support), to vote against the trustees if you're not happy with the fund performance.
There are probably many others, and I'm no expert, but unless you really know what you're doing and can keep tabs on the investment 24/7/52,
I'd stick with a pension fund. <img src="cool.gif" border="0">