Post Profile

Pensions startup ranks traditional providers in "Robin Hood" index of fairness

LONDON – Online pension manager PensionBee revealed the sky-high exit and management fees charged by some providers, and called for more to be done to protect savers. The company tracked 1,800 pension transfers from 20 providers, compiling the data into a "Robin Hood Index" of the best and worst performers. The Index found NOW:Pensions, one of Britain's biggest providers, charges annual fees of 10.
read more


Related Posts

Wenger to lose key ally in transfer negotiator Law

Sports / Football : EPL Talk

London (AFP) – Under-fire Arsenal manager Arsene Wenger has been dealt a blow with news that key ally and transfer negotiator Dick Law is to leave the troubled Premier League giants. Law — who has along with Wenger been severely cri...

Why should public sector pensions enjoy protection denied to millions of other savers?

Business & Finance : Money

Public sector unions claim last April’s switch to a lower level of inflation protection is the “biggest robbery of pensions ever seen” but millions of other pensioners may ask why those on the public payroll should be treated any di...

How to double your company pension by cutting costs

Business & Finance : Money

  Far too much savers’ money sticks to fund managers’ shovels, meaning there is less to pay for retirement, as the Office of Fair Trading is about to be the latest to discover. About 4m people contribute a total of approaching £11bn...

95pc of private sector pensions have no inflation protection at all

Business & Finance : Money

Fewer than 5pc of savers who buy an annuity can afford any inflation protection for their pensions, experts point out, compared to 100pc indexation in the public sector. Attempts to cut the cost of public sector index-linked pension...

For state pension funds with Wall Street managers, 'more fees equal lower returns'

Business & Finance : Business Insider: Money Game

A good number of state pension funds, which provide retirement income for state government employees, have their money managed by Wall Street firms including hedge funds. According to one study, the more the manager takes in fees, t...


Copyright © 2016 Regator, LLC