Cashing in a pension or putting it into any investment that is NOT GUARANTEED is foolish in the extreme. Witness the advice from Nathan Parkhouse who is concerned about lower interest rates. He is concentrating on the hole, not the doughnut.
The stock market does not give guaranteed returns. Only an annuity will guarantee a cheque until the day you die.
Should you take your pension as a lump sum? https://t.co/DQqePJqcmp
— Globe Investor (@globeinvestor) February 10, 2016