Value for money: Half of savers don't care about costs

The provider of The People's Pension has also suggested that the value for money framework be placed on the pensions dashboards to encourage informed decision making because of this. B&CE policy director Phil Brown said: "The average saver does not understand the impact that charges can have on their pension pot. At a time when people are naturally watching what they spend, it's important that consumers are aware of what they are paying for their pension, which is potentially the most valuable asset many people own." Around 70% of pension savers pay close attention to what they pay fo...