Half of pension savers have 'no idea' they are being charged fees

Research shows 50% of Brits are unaware that they are paying fees on their pension pots. Are you losing money?

pension pot
(Image credit: Getty Images)

One in two people have no idea that they are paying annual fees on their pension schemes.

It highlights a worrying blind spot that could have huge implications for how much money people have during their retirement.

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.