City fees are eating into our pensions
[caption id="" align="alignright" width="160" caption="HM Treasury"][/caption]
Highly paid City traders are depriving pensioners and savers of thousands of pounds through high management fees that are often hidden, according to leaked advice provided by consultants to the Treasury. The charges are spreading and are so steep that savers may find they get less back in retirement than they invested in savings accounts and pensions over their lifetimes. via Revealed: how City fees are eating into our pensions | Business | The Observer.
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