90% of consumers want forced disclosure on pension fees

The survey, which questioned 2,021 UK adults, was conducted by the True and Fair Campaign, to find out how consumers feel about hidden fees.  It indicated that 92% of UK adults want statutory reform to force disclosure of all fund fees and costs. The survey also found that 74% of investors want costs and fees disclosed as a single, cash figure. Similarly, 84% of those polled said it is very important they understand the fees they pay for investment or pension products. Despite this, more than half (58%) do not know the cost of their current products, including fees. Hidden de...