Many people who approcah The Pensions Office have personal pensions, which they feel have produced poor investment returns and therefore, do not offer value for money.
It has been shown from a number of surveys in recent years – including those from the Financial Services Authority – that a fund which performs well in one year is statistically more likely than average to perform well in future years. More importantly, poor-performing funds in one year are even more likely to perform badly in future years.