UK. Individual personal pensions fare worse than group pensions, shows research

The study finds that individual investors lose out by over 1 per cent a year in comparison with group personal pension plans negotiated by employers, even before differences in fees are taken into account. The findings suggest that personal investors are offered worse financial deals from the outset. The performance targets of the individual scheme funds are less challenging than their group counterparts and fund managers tend to be less successful in tracking their benchmarks. This is the first study to...