Maybe I'm just grumpy but I can't get my head around the way most people seem to view their SSIAs. They seem to consider it some kind of a windfall that need to be spent as quickly as possible. It's their own money that they have spent 5 long years saving. Fair enough, 20% of it was free money given by the government but the rest was all theirs. Why would you blow it all in one go?
It kind of reminds me of people 'releasing equity' as if this is some kind of free money also - it's a loan for God's sake, and it has to be payed back.