Now Pensions has launched an auto-enrolment (AE) cost comparison index to illustrate the long-term implications of fees charged by pension providers.
The master trust said that while the recent increase in total AE minimum contributions in April - from 5% to 8% - this means long-term charges levied by providers could potentially erode savers' retirement...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.