How are your sea legs?

If you asked most people if they would like a pension with great investment flexibility to provide the best chance of a secure and comfortable retirement - they would probably say yes. If you asked them if they had the time, experience and could afford to actively manage their pension investments to produce a similar outcome - the answer would probably be no. Why are these two concepts related? In simple terms, for many people opting for a SIPP, flexibility is driving the decision without significant thought to the added investment responsibility this brings. When markets are rising thi...