Oh what a comfortable world you live in. But that it were truly so :)
Damn near everything gets passed through the markets, whether you like it or not. You've chosen to invest some of your money in a way you are comfortable with and that's great. But if you have a personal pension, your pension company IS wasting huge amounts of it just moving money around. Because, every time they move YOUR money YOU lose some of it in those 13 layers of transaction charges. Company pension? Same thing. Pay National Insurance? Same thing?
ALL of our money is in the system and being moved around and therefore the value of what the world produces is being constantly diminished by an industry that exists entirely to tempt others into moving money around in order to generate "profits". But there are no profits because they don't produce anything. If one fund makes a profit, someone else makes a loss. And the sum of the two is always a bit less than the whole thanks to those 13 layers of fees and charges.