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The Independent UK
The Independent UK
Business
Howard Mustoe

The pension fee trap: How 1% could cost you £50,000

In your workplace pension, your savings will be squirrelled away in shared investment pools called funds.

Savers like you have clubbed together to buy shares in companies, bonds, property or other assets and you own a share of this fund. It’s a cheap way of investing in a number of assets, splitting the risk.

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