The trading watchdog has made a string of recommendations to shake up the pensions market to make sure that millions of new savers do not sink their money into rip-off schemes. The Office of Fair Trading has been carrying out a study into the £275 billion defined contribution workplace pensions market, to look at whether such schemes offer value for money, if there is enough pressure on providers to keep their charges low and what size of pension pot savers are likely to end up with at retirement. At present, employers "may often lack the capability or the incentive to assess value for money", it said.
Video: Crackdown call on rip-off pensions
- Video: The REAL Frostbit boy - madcap teen Ruari McSorley
- Video: Dog proves he's man's best friend by saving 'drowning' owner
- Video: Kim Kardashian is the butt of her own joke in new Super Bowl ad
- Video: Trailer for Johnny Depp’s new film Mortdecai
- Video: Sir David Attenborough heckled by squawking bird
- Video: Belfast Telegraph Sports Awards 2015 - David Healy joins sporting...
- Video: Ed Sheeran attends the premiere of Shaun the Sheep The Movie
Most Viewed Videos
Video: Belfast Telegraph Sports Awards 2015 - Joey Dunlop voted Northern...
Video: Local residents stock up after massive fish spill on the Ravenhill Road
A lorry load of fish...
Video: Belfast Telegraph Sports Awards 2015 - David Healy joins sporting...
When David Healy...
Video: The REAL Frostbit boy - madcap teen Ruari McSorley
Sperrins teenager Ruairi McSorley - now known as...
Video: Kim Kardashian is the butt of her own joke in new Super Bowl ad
Kim Kardashian's Super...
Northern Ireland Nightlife: The Eg, Alibi, Parlour, Roxy, Belfast -2015
Northern Ireland Nightlife: Cuckoo - December 2014
Northern Ireland Nightlife - The Cloth Ear, Belfast, January 2015
Northern Ireland Nightlife: Bar With No Name -2014/2015
Northern Ireland Nightlife: Sixty6, Cathedral Quarter, Belfast - Winter 2014/2015
Northern Ireland Nightlife: Shine Belfast, December 2014
Northern Ireland Nightlife: Cathedral Quarter, Belfast December 2014 - The National, 21 Social, The Dirty Onion and Duke of York
Northern Ireland Nightlife: The Eg, Alibi, Parlour, Roxy, Belfast - December 2014
Northern Ireland Nightlife: The Eg, Alibi, Parlour, Roxy, Belfast-Nov, Dec 2014
Northern Ireland Nightlife: Sixty6, Cathedral Quarter, Belfast - December 2014
Filthy McNasty's - November 2014
Northern Ireland Nightlife: Shiro
Northern Ireland Nightlife: The Eg, Alibi, Parlour, Roxy, Belfast - November 2014
The Bot, Belfast - November 2014
Northern Ireland Nightlife: Thompson's Garage Sound Of Misfit
Northern Ireland Nightlife: Cuckoo - October 2014
Northern Ireland Nightlife: Alibi, The Parlour, Groovy Train, The Eg
The Dirty Onion November 2014
The Limelight, November 13
Alibi, The Parlour, Groovy Train, The Eg
World in pictures January
Readers' Pictures: Winter wonderland snow images 2015
'Frostbit boy' goes viral after hilarious take on weather
The Troubles gallery - IRA checkpoint, early 1970s
Reader pictures: Favourite Ulster beauty spots
'Dead' cat crawls out of grave and returns to owner new
A US cat owner has been left baffled after he claimed...
Health worker strikes 'will go ahead' in Northern Ireland new
Health sector strikes planned for Thursday will still go...
King Salman oversees first beheading days before Obama arrives in Riyadh to... new
Saudi Arabia’s King Salman...
Shark angling for Punchestown prize new
Shark Hanlon is using the Boylesports Tied Cottage...
Bojan injury blow for Potters new
Stoke forward Bojan Krkic has been ruled out for the rest of the season with a serious...
Sissoko underlines future ambitions new
Moussa Sissoko has reiterated his desire to play for...
Price son's school costs defended new
Representatives for Katie Price have hit back after...
Phillip laughs off puppy incident new
This Morning hosts Phillip Schofield and Christine...
Django actress denies lewd conduct new
A lawyer for Django Unchained actress Daniele...