I’ve just been to a presentation outlining the current (desperate) state of my pension fund. Some new, safe, lower return investment options are being offered and one older option is gone. Not surprisingly. It was guaranteed never to go below a 0% return. In 2008 it did, of course, and the fund managers had to cover the shortfall.

Incidental observation: The presenter was a good-looking man with a wonderfully rich, resonant voice. Uncharacteristically, he had that hairstyle. Grown longer on one side and swept over the bald patch. Truly, this is one of life’s entirely unimportant, but completely baffling mysteries.