Pension charges: A pretty penny

RETIREMENT

Jenna Towler
clock

According to latest research the breadth of hidden pension charges is ‘extraordinary', Jenna Towler asks how much should pension saving cost the member?

Labour leader Ed Miliband waded into the long-running debate on pension charges last week, bringing the issue of just how much it costs to build up a pension back to the headlines. Miliband was criticised for pension bashing ahead of the introduction of auto-enrolment and accused of giving his opinion to gain political advantage (surely, no politician would do such a thing?). Less than a week later, a report rubbishing the extraction of fees from unknowing pension savers was released by the RSA.  To the chagrin of the Investment Management Association (IMA) the report – Seeing through...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Female client focus 'vital' as great wealth transfer comes

Female client focus 'vital' as great wealth transfer comes

Intergenerational wealth planning importance

Professional Adviser
clock 06 February 2026 • 1 min read
Andrew Goodwin: Flipping the narrative on successful investing

Andrew Goodwin: Flipping the narrative on successful investing

'He's a pinball wizard, there has to be a twist'

Andrew Goodwin
clock 06 February 2026 • 4 min read
Paraplanners' confidence holding back progression

Paraplanners' confidence holding back progression

Aspiration and confidence gap over future career paths, SOTAN report finds

Isabel Baxter
clock 05 February 2026 • 3 min read