Disclosure codes for costs and charges on pension funds need to show both the amount and impact of costs, due to their compounding effect.
The consequences of this mathematical reality are not "intuitive", with savers not realising how a 2.25% fee can wipe out 52% of a fund over a 30-year period. Independent consultant and author o...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
