Pensions Freedom has brought with it a huge amount of publicity in this area. Lots of speculation around over 55s taking their pension pots out in one go and buying expensive supercars. All of this misses one clear problem at retirement and that is the sheer complication of this area. The general knowledge gap that exists here is still too high. We need to ensure that the differences between pensions – the savings vehicle and the various methods of using those savings to replace salary in retirement is clear. The need for advice is at its greatest here. There are many options pre and post retirement that are not well understood.