Performance roar drowns out charges

The FSA stakeholder discussion paper issued in May confirmed there is a 1% limit on the annual manag...

The FSA stakeholder discussion paper issued in May confirmed there is a 1% limit on the annual management charges on a stakeholder pension. However, a statement absent from the FSA paper but potentially of greater significance, is there is no limit on the amount a stakeholder customer's fund can underperform. You may think you've got charges licked, but don't turn your back on investment performance. Advisers and providers must show their worth by stressing to consumers they must not compromise on good investment performance and advice in the pursuit of low pension charges. This stakeho...