Office of Fair Trading (OFT)

Office of Fair Trading targets charges, governance and scale

The Office of Fair Trading has targeted charges, governance and small schemes in its recommendations for reforming defined contribution (DC) saving.

Old, high-charging pension arrangements and small trust-based schemes are a threat to £40bn of defined contribution (DC) savings, the Office of Fair Trading has found.

The Office of Fair Trading (OFT) has revealed concerns about charging, governance and scale in workplace defined contribution (DC) schemes.

Rachel Dalton says the agonising over the state of DC will last for months

Financial Conduct Authority (FCA) chairman John Griffith-Jones has warned insurers to learn the lessons of the banking crisis and work harder to regain consumers' trust.

The Office of Fair Trading's (OFT) review into defined contribution (DC) workplace pensions must strike the right balance between future options and past experience, according to Aegon.