Webb accused of misleading the public over pension fees

Doug Johnstone, chairman of Creative Benefits, has written to Webb imploring him to present a more balanced view on pension charges. Webb has recently said the government is committed to eradicating what he sees as unreasonably high charges and active member discounts (AMDs) from the industry. But Johnstone has accused the minister, pictured, of "riding the misinformed press bandwagon on charges." Johnstone claimed the government has used the worst examples of past high charges as representative of today's charging structures. He said the creation of stakeholder significantly decre...