A purse and some money
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Is your pension good value for money?

The Office of Fair Trading has spent the last six months investigating pension schemes being offered to millions of people by their employers in order to assess whether they are delivering "value for money".

Pensions specialist Tom McPhail told the BBC the key to working out if you were getting a good pension deal was if your employer was "reviewing their pensions regularly" and if schemes were "competitive and well managed".

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