Annual statements still lacking fee transparency

Annual statements are still making fees complex and information difficult to locate

Hope William-Smith
clock • 1 min read
Annual statements still lacking fee transparency

Annual statements provided to savers by pension schemes are still complex to a majority of savers (67%) who also find information difficult to locate, PensionBee says.

Research from the online pension provider today (9 August) found that almost half (47%) of respondents do not know how much they are paying in fees. Additionally, around a quarter (24%) do not k...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Trustee Focus: Less than one week to go!

Professional Trustee Focus: Less than one week to go!

Half-day conference will be held in London on Thursday 15 May

Professional Pensions
clock 09 May 2025 • 1 min read
Industry sceptical of impact of productive assets to boost DC outcomes

Industry sceptical of impact of productive assets to boost DC outcomes

PP poll finds 68% believe productive asset investment will not strengthen DC outcomes

Martin Richmond
clock 09 May 2025 • 2 min read
Brookfield Wealth Solutions posts Q1 results and reiterates UK PRT pledge

Brookfield Wealth Solutions posts Q1 results and reiterates UK PRT pledge

Reaffirms expectation to be active in market this year with focus on policyholder service

Jonathan Stapleton
clock 09 May 2025 • 2 min read
Trustpilot