Pensions for future generations

I was reading the Financial Times the other day and noticed many readers were asking questions about pension draw downs. It strikes me, that as more and more baby boomers retire, it will be difficult for market to go up as they start drawing from the pension pot. This left me wondering whether there is any merit in saving money in a pension if you are retiring in the next 10 to 15 years. It looks like another ponzi scheme to me.

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