I understand that fees need to be charged, but I think that they are excessive.
If we use the example of a person contributing €1000 per month to a pension for 25 years then the charges are €92,157 over the life of the pension plus the contribution fee of 5% (5% of €12000 x 25 = €15000) this equates to 15% of the overall pension at the end
(I am using the calculator soup future value calculator (google it - I can't post the link) for this calculation with pv=0 t=25 R=5 and 6 (6% return before fee, 5% after) m=12 pmt=12000 G=0 q=1 to work this out, if I am making any mistakes please point them out to me)
In this example I have assumed return 6% before the 1% costs and there is no increase in contributions (this can be done with the above website)