I used to have a Private Pension that was reduced to about one tenth of its original value due to legal & government bungling, obfuscation & lies.
Including Cameron reneging on his campaign promises:
"We will implement the Parliamentary and Health Ombudsman’s recommendation to make fair and transparent payments to Equitable Life policy holders, through an independent payment scheme, for their relative loss as a consequence of regulatory failure."
This would be a bad move.