Interesting posts gentlemen. There no getting away from the fact that there is a risk, no matter how small, when it comes to investing for your retirement. You have only look at the government raising the pensionable age arbitrarily.
The information I was given when I joined the company pension scheme was straight forward. You paid in, the company paid in and when you retired you knew exactly what you would get. There were no health or benefit warnings of any sort.
The bottom line is we trusted the company scheme to provide for us during our hopefully long and happy retirements.
Alas this was not to be!
