In the spirit of the traditional Christmas panto, we have come up with our definitive list of heroes and villains of the pensions world for 2010. Question is: Do you agree with us?
The role of pensions minister has always been considered something of a short straw when it comes to being handed a role in the Cabinet.
But Lib Dem Steve Webb has taken the challenge and run with it.
Described by various industry commentators as an ‘expert', the 'great reformer' and, rather oddly, a 'pensions minister who actually understands pensions', Webb has presided over a raft of earth-shaking pensions changes whilst managing to obtain the general approval of almost everyone.
Deloitte adviser Pitt-Watson's report for the Royal Society for the Encouragement of Arts, Manufacturers and Commerce lifted the lid on DC pensions in December and revealed the poor value for money of most British schemes.
Unlike the hyperactive and reactionary Panorama exposé on pension charges, Pitt-Watson's report sensibly compared the levels of charging in British and Dutch pensions, found Dutch savers get around 50% more income for the same investment, and asked the simple question, ‘why should that be?'.
The report looked at NEST, and suggested a 'best practice' low cost system achieved through a limited number of large suppliers and collective schemes where there is no need to administer and report individual performance. Plus, he's got a cool name.
Speaking of cool names, Steve Bee has had another good year. Is there anything he doesn't do: partner at Paradigm Pensions, public speaker, media commentator, adviser and all-round good egg.
This year he has remained at the forefront of pensions, concentrating on explaining pensions in simple terms through his pop-art-tastic site, JargonFreePensions, and maintaining his intense public speaking schedule (100 dates a year).
He even found time to launch a new web-based employee benefits platform, JargonFreeBenefits, to help IFAs move towards EBC without insurmountable costs.
Oh, and he is the only person to have ever submitted evidence to Parliament in the form of a cartoon, which he drew himself.
Sir John Chadwick
The near-collapse of Equitable Life, and the shambles that followed, is widely seen as one of the UK's great economic injustices of the past 50 years.
Thousands of policyholders have already died having seen no compensation due to the game of political ping-pong various governments have made of the issue.
The Equitable Members Action Group (EMAG) estimated victims lost £4.8bn, but Sir John Chadwick, brought in to review compensation, said only £400m should be awarded to them.
In the end, the Chadwick report was ignored due to a highly critical backlash from backbenchers, opposition MPs, EMAG, and just about everyone else, and George Osborne decided to award £1.5bn in payouts instead.
The French president has had a difficult time of it in the last few years. Greeted by riots from left-wing activists on the night of his election in 2007, ill fortune has followed him ever since. What doesn't help, of course, are some of his plain-awful decisions.
In 2010, Sarkozy pushed through his highly contentious bid to raise the state pension age by two years to 62 as part of a money-saving drive.
Between September and November, union strikes and student demonstrations occurred up and down the country and even succeeded in causing a fuel crisis by blocking off supplies.
In the end, Sarkozy's reform passed, but popular he is not.
Iain Duncan Smith
In contrast to his popular sidekick Steve Webb, the Quiet Man suffered a major foot-in-mouth malfunction this year when he said the unemployed should ‘get on a bus' and find work.
In a moment reminiscent of Norman Tebbit's ‘get on your bike' remarks in 1981, IDS said of unemployed people in Merthyr Tydfil in Wales: "If they got on the bus an hour's journey they would be in Cardiff and they could look for the job there."
Labour politicians said his comments were highly insensitive given the decline in coal mining as well as steel and ironwork production in the area, combined with the recession and rising unemployment figures.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till