From the Ed: The problem with 'reports'

You know the one; the one in which the party’s leader, Ed Miliband, said pension overcharging would be the next scandal to hit financial services and suggested some extra fees were halving savers’ benefits. Labour did not offer any evidence to back up its assertions, and several groups, the ABI among them, were quick to accuse the party of “scaremongering”. But had the damage already been done? Hundreds of thousands, if not millions, of people read the headlines that morning and will have reached an immediate conclusion: pension companies are ripping them off. The Professional Advi...