Standard Life is terrible, but still better than others. I'm not sure about what your saying about trackers though. I agree totally with you that they are usually better than managed funds, but they still have charges. So if the FTSE itself returned 107% over ten years (including reinvested dividends) then even a 0.5% management fee would have reduced this return, not added to it.
If you have £20,000 (that's about what my Standard Life pension is worth) in a tracker charging 0.5% a year you will still pay £100 a year in charges on this money (£20,000 x 0.5%) and have your growth reduced by 0.5% a year. So with the best will in the world you will lose £1,000 in charges to your capital over ten years and your investment return will be reduced by at least 5% (0.5% x 10 years).
So over the last ten years I would have still lost 5% of the FTSEs growth to a 0.5% management fee (that's £1,000) PLUS another £1,000 in charges on my capital meaning £2,000 paid in charges. That's 10% of my original investment!
So even then a 107% FTSE return would be effectively be reduced to 97%.
Also, whilst you can pay 0.5% for a tracker, you can't get a tracker in a pension for less than 1%. The whole thing seems wrong to me, that's why I'm interested in this new account.