Gaining the advantage

I have lost count of the amount of times I have been to see a new client, only to find that they have been investing blindly into the same pension for twenty years without questioning the performance of the underlying funds. The big insurance companies have been guilty of under-performance for years, content in the knowledge they have clients locked in with either high transfer penalties or restrictive clauses. Thankfully, advisers in the future will find this situation less common as a result of the plethora of flexible pension products now available. If investors can take control of the...