Frank Field: Lack of fee transparency 'like Hillsborough cover-up'
Pension savers 'deeply depressed'
Field: “Anyone watching who has a pension must be deeply depressed about their investments.”
Asset managers' failure to provide clear transaction costs incurred in pension funds leaves savers "deeply depressed", Frank Field says.
The Work and Pensions Committee (WPC) chairman, who resigned the Labour whip last week, said opacity in the fund management industry was akin to the alleged police cover-up in the 1989 Hillsborough disaster...
More on Retirement
Quilter doubles redress provision for British Steel pension transfers
Covers all BSPS Lighthouse transfer advice
Karl Dines: To CRP or not to CRP?
'PROD is a superhero'
Momentum Pensions rebrands SIPP business to iPensions Group
Focus on technology
TPO: Just 5% of investigations need an ombudsman decision
Transfers most complained about
Back to Top
More news
Interest sparking in sustainable investing post-Covid-19
Boring Money research
Claire Trott: Which pension tax relief option is best for clients?
Call for evidence will highlight problems
Women more negatively affected by lockdown than men - Aviva research
Aviva study shows
