Hardly a shock I think? Come 2016 there will be few pension providers who will offer a service that does not carry a charge for administration....in my opinion. NEST already charge the employee 1.8% up front. TPP have discussed it in the past but have not yet introduced a charge (will this be the catalyst??) ...and most of the high st insurance companies charge fees higher than this already. The key for me is value for money...is £40 or whatever charge is agreed good value for whatever NOW will offer? I would also like to know how this will affect those accountants who have done "deals" based on a one size fits all offering with NOW? Clients pre Oct no fee ...clients post Oct a fee??