MPs to examine adviser value and impartiality in pensions probe

The probe will examine whether individuals get value for money for their pension savings and receive good value and impartial service from financial advisers. It will also try to understand what savers are being charged and why, as well as the short- and long-term impact of costs on retirement outcomes. More broadly the inquiry will focus on whether the pensions industry provides sufficient transparency around charges, investment strategy and performance to consumers. The committee will also look into whether scheme members can see how their money is being invested and how their in...