Starting point: Why cleaning up pension language is just the beginning

Pensions can be a tricky subject for people to grasp. The fiendishly complex rules coupled with hard-to-pronounce and even-harder-to-understand technical terms can turn off even the most financially savvy. But at the same time people have to understand their choices if they are to get on top of their pension decisions to turn their pension pot into a retirement income. These will be some of the most important decisions of their lives. So, it's good to see the Association of British Insurers (ABI) galvanising the industry to come up with some easier-to-understand terms to explain pensi...