Pension Cost Comparison (OCF v OCF or OCF v MIFID II charges)
When transferring from a pension which holds pension funds (therefore not in scope of MIFID II costs & charges), what do people generally do in terms of a cost comparison when transferring to a platform pension holding OEICS?
Do you use:
1) OCF (existing) v OCF (new pension)
2) OCF (existing) v MIFID II charges (new pension)
I'm currently doing 2 (OCF v MIFID) but thinking that it's not really a fair comparison and not "like for like". I'm not sure what the regulator says about this though so was wondering what other people do.
Thanks in advance