Stinging charges and a murky retirement industry are scratching up to 25 per cent off the value of old age incomes, the body in charge of pension funds has admitted. Throngs of savers may be forced to work into their early 70s thanks to the two blindside blows leaving them out of pocket in retirement. Joanne Segars, chief executive of the National Association of Pension Funds, said: 'People who don’t get the best out of their pension could end up stuck at work for years longer than they planned. 'Getting a good deal on charges and annuities can mean the difference between enjoying retirement and spending years more at the desk.'...Read more here--: Pensions industry admits high charges and murky annuities cut 25% off old age incomes