Reaching new heights

Unless you have been in hiding recently, you will have heard that the UK is facing a crisis due to the ageing population and that unless something is done soon, pensioners will have some fairly stark choices about if/how they fund their retirement. While this is welcome attention on the future it does overlook the dilemma facing those retiring today. How do they best provide for their retirement? For those who have saved in a pension scheme or been fortunate enough to accumulate benefits from an employer's scheme - the question of how to turn this into retirement income also seems to pres...