The idea is you get your financial ducks in a row (long) before you retire so then all that's needed is an annual rebalancing of your portfolio, which is largely in funds to avoid having to deal with individual stocks.
Isn't that essentially what I'm doing with a pension fund though? The fact I paid off my house means pretty much whatever happens, I have a roof over my head. I look at it as pretty sensible, low-risk future-proofing.
I'm the last person you should be talking to about pensions tbh... You're mortgage free relatively early in life so probably doing better than a lot of us!
The idea is you get your financial ducks in a row (long) before you retire so then all that's needed is an annual rebalancing of your portfolio, which is largely in funds to avoid having to deal with individual stocks.
That's the theory anyway.