True and Fair Campaign backs Miliband's pension attack

Yesterday Miliband said charges between 4% and 5% were unacceptable and pension funds could be halved by fees over the course of a savings life. The Association of British Insurers (ABI) hit back at the claims and said Miliband was "absolutely wrong". However, Gina Miller who heads the True and Fair Campaign - which aims to tackle what it sees as opaque charging within financial services - backed the Labour leader. Miller said: "We welcome Ed Miliband's pledge to challenge the ‘rip-off' pensions companies who impose unnecessarily high and hidden fees on consumers. "For too long,...