Thursday, 13 September 2007

More pots of gold in DC schemes!

Just the other week Tory-supporting fund manager Fidelity told us that you could be missing out on thousands of pounds a year in income if you opted for the default fund in a DC scheme. Clearly we should all be opting for more exciting funds run by.... err....

Now it turns out that we could be even richer, if the DC schemes we are members of were made more efficient by getting our advisers to redesign them a bit. So say.... err... the consultants Hewitts.

Am I too cynical, or do all the 'solutions' to crappy returns from DC schemes lead back to paying service providers more? Clearly the only way to really improve DC schemes is to pay narky bloggers to write more rants about pensions.

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