Pension fees could deter consumers from saving

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Pension fees could deter consumers from saving

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03-22-2010, 09:39 PM

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Pension fees could deter consumers from saving

British workers could be put off saving for their future in the National Employment Savings Trust (NEST) because of the upfront fees charged by the Trust, a pensions expert has claimed.The Department for Work and Pensions announced the 2% fee on NEST investments earlier this week.Ros Altmann, pensions advisor, said the 2% upfront fee, which [...]

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