Do all plans work the same way? 

• In short yes. Each company will in effect hide their charges with bonuses and marketing allowances. Side by side there is not much difference between the plans. One will give a bigger bonus here to hide a higher fee there.

There are subtle differences that can make a big difference. If I can make sure the plan is the most suitable to you it can make a big difference. 1% a year is not just 1%. It compounds each year. This can be good or bad depending on which side of the compounding equation you fall into. Compounding works for you in regards to returns, but works against you in regards to fees and charges.