Smokie raises a good point about management of any pension pot. To actively manage it you need to be active very regularly, and understand what you are doing.
You need to understand the relationship between risk and reward and be clear about your own risk appetite. Typically as people near retirement their appetite for risk declines - when you are 30 you have a few decades to make up any losses, when you are 70 you are stuffed!
If highly regarded investment professionals and financial journalists are unable to consistently get it right, my chances of outpacing the market are fairly limited. People, like politicians, tend to crow about their successes but bury the failures.
I get little joy scrutinising the financial press - I have better things to do with my time. But "horses for courses" - self management can be good but understand whether it is right for you.
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