Miliband pledges 1% fund charge cap as millions enter AE

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Labour leader Ed Miliband has pledged to put a 1% cap on pension fund charges in a bid to reignite his campaign against "rip off" costs, as millions of people enter auto-enrolment.

The call comes after Miliband claimed during the summer that some savers pay 5% on their fund, and floated the idea of a 0.5% charge benchmark (PP Online 12 July). In an open session at the Labo...

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