These savers are paying up to 36 times the fees charged by low-cost alternative investments, such as tracker funds, while receiving as little as one third of the performance.

In the twentieth-century, many pipe organs were replaced by pipe-less electronic and digital organs, often as a low-cost alternative to rebuilding older pipe organs.

Shutters are frequently constructed from steel or aluminium, but homeowners sometimes use the low-cost alternative of plywood.

The device was a low-cost alternative to dry docks for maintenance and repair work.

An army of young investors are transferring money from traditional wealth managers to low-cost alternatives to boost their savings.