Transparency means disclosure of costs and their impact

James Phillips
clock • 2 min read

Disclosure codes for costs and charges on pension funds need to show both the amount and impact of costs, due to their compounding effect.

The consequences of this mathematical reality are not "intuitive", with savers not realising how a 2.25% fee can wipe out 52% of a fund over a 30-year period. Independent consultant and author o...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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