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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...
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