How do I invest for the best returns in retirement?

Many retirees are at risk of bungling their pension finances by falling into one of two easily avoidable traps, according to new research.A 'risk-averse retiree' who believes they are playing it safe by moving pension funds into cash accounts and a 'reckless retiree' who chases high returns are both at risk of running out of money in old age, says the study.Pension firm Royal London shows how easily you can fritter away a £100,000 pension pot in either of these ways, then explains how a 'rati...