Guys, Before you claim your first pension payment, Google 'QROPS' (Qualifying Recognised Overseas Pension Scheme). It is not ideal for every situation but can save (and make) you a fortune. You transfer your MOD pension into an overseas (offshore) pension and it grows tax free (16% last year)
The 16% growth is a foolish thing to say. That has nothing to do with QROPS but simply the investment you chose. It might equally have dropped 16%