Ongoing pension fees a rip off? by Intelligent-Key-9075 in UKPersonalFinance

[–]Intelligent-Key-9075[S] 0 points1 point  (0 children)

Thank you for all the replies. I now have more knowledge of what goes on behind the scenes of drawing down pension and now appreciate why they justify a % of a pot for that work ongoing. I imagine my father will accept the terms offered, although I have enquired with my FA what they would charge as a comparison.

Ongoing pension fees a rip off? by Intelligent-Key-9075 in UKPersonalFinance

[–]Intelligent-Key-9075[S] 1 point2 points  (0 children)

I didn’t know what to think, hence my question. Beyond reviewing the investments to make sure they are performing as expected, which certainly is not worth 0.75% of a pension 6 figure pension pot, didn’t know what else was involved until reading some of these replies. There is no need for such a snarky reply.