Only value for money can ensure good outcomes for pension savers The Investment Association | Investment Association 1 min read06 March 2015 Partner content In response to Labours proposed charge cap on new income drawdown products, Daniel Godfrey, Chief Executive of The Investment Association, said: "Value for money and effective consumer protection are the essential drivers of good outcomes in the retirement savings market. Government, industry and regulators need to work together to ensure that this is delivered to savers. One pre-requisite for this is greater transparency and consistency of all charge and cost information, and we are already well advanced down this path. "Savers have highly diverse needs. Having a set of high-quality options that provide value for money and comparable, transparent costs is a better option than a charge cap for ensuring these needs are met." Related Labour MPs Remain Nervous About Welfare Cuts Despite No 10 Outreach By Tom Scotson and Sienna Rodgers 12 Mar Read the most recent article written by The Investment Association - Seven years of 0.5% rates - Gulf between cash and investments laid bare