The subject of pensions, let's face it, has never been a thrilling one. Most people tend to glaze over at the mere mention. But suddenly, that's all changed. Pensions are in every newspaper, every consumer programme and uppermost in the minds of millions. The reason, of course, is the new pension freedoms initiative.

This time, it's not all government spin. Of course there is some of that involved (compulsory annuitisation actually disappeared some years ago, for example) but the decision to '…trust people with their own money', ...

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