And it’s stories like these that inspire J Public (well, the Telegraph-reading JP) to chance their arm and go high risk with their pensions; although my version of high risk would be like leaving it under the mattress in comparison. Punting on the shares of a limited number of companies based on a thorough analysis of their financials is what Mr Woodford did, on a much larger scale. And that, as we know, didn’t end well.
“Why you should never retire”
On my 50th birthday, I will always remember, amongst the card or two I received was a letter from Saga’ who’d managed to find out my age through the wonder of the internet, and were pleased to tell me I now qualified to join my parents and go on holiday with them.