Savers are paying a staggering £3.1billion a year in hidden charges on their pension funds, research shows.
The problem is ‘dealing’ costs which are incurred whenever a fund manager chops and changes an investment held within your pension. They typically add 0.7 per cent to the overall annual charge of your pension and can wipe 15 per cent off your savings over 20 years....Read more here--> Savers pay £3.1bn a year in hidden charges on their pensions funds, SCM research shows