Correct me if I am wrong, but no pension fund is safe, unless those of government guaranty, the rest are open to takeover and plundered from the likes of Robert Maxwell and other Individuals and Corporations. Those of none government guaranty are reliant on the stock market and the fund management from day to day.
So far my own pension fund has to my knowledge changed hands three times and has by luck, chance or dammed good management steadily increased, that is not to say that most if not all of it could be wiped out in one day, thus one day the state pension remaining the primary sourc