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Here's how it worked for Mr X of Hertfordshire...
Mr X had 2 pension plans,
 with Companies A & B (both well known names).
In addition to what we would consider to be 'normal' pension plan fees... Company A were deducting an additional fee of £38.70 each month! Company B were deducting a fee of £350 from his pension fund every year.
Company A have achieved a growth rate of around 6% per annum. Company B have achieved a growth rate of less than 1% per annum. Average balanced managed funds grew by around 12% per annum. Mr X was overcharged while his pension plan underperformed. Mr X transferred his pension plans with Companies A and B to a new plan with lower charges which allowed professional investment managers to invest his pension funds in the future. He was extremely happy that he took advantage of our 'Pensions Uncovered!' service.
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