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Courtesy Telegraph.
9 out of 10 Pension Fund managers `fail`to warn people about `hidden` Fees which wipe
out £100.000 from a middle class workers pension.
People are continuously denied access to low cost pensions that are readily available.
The RSA report found 21 out of 23 pension funds failed to inform people about the
`hidden` charges.
11 million people were failing to put enough money into their pensions leaving them to
struggle in retirement.
Many people just abandon pensions entirely and government is concerned that millions
more could be`ripped off`.
The charges represent 40 % of a typical retirement savings.
``In Europe pension funds offer cheaper more transparent pensions while in Britain they charge more`
A Dutch person receives a pension 50 % more than the British equivalent because of
transparent ``cheaper`` charges.
Finance johnnies know how to get your money...almost elite greedy pig status........
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