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NAPF to back 2012 reforms - EXCLUSIVE

Professional Pensions | 13 Aug 2010 | 13:35

The National Association of Pension Funds is backing auto-enrolment and NEST in the main but says the finer details around scheme-based certification need clarification.

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Webb: Strong state pension the ‘foundation’ for workplace saving

Pensions minister Steve Webb has highlighted the need to develop a strong State pension to help people build up a decent level of retirement income. Speaking at the ABI Savings and Protection conference on 13 July the minister outlined his commitment to change saying that “a strong state pension is the foundation for the modern pensions world especially as we move towards a defined contribution market.”

Professional Pensions | 29 Jul 2010 | 11:18 To read this article you must be a subsriber

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OECD: Chilean retirement system the answer to UK pensions crisis

The UK should look at the Chilean retirement system’s multi-fund structure as it develops the default fund set-up for NEST, Organisation for Economic Co-Operation and Development principal economist Pablo Antolin-Nicolas has said.

Professional Pensions | 29 Jul 2010 | 11:18 To read this article you must be a subsriber

OTHER NATIONAL EMPLOYMENT SAVINGS TRUST ARTICLES

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Reinvigorating retirement savings

Following recent government announcements on annuity reform the issue of minimum income requirements has caused concern, as Sebastian Cheek reports

Professional Pensions | 29 Jul 2010 | 09:00 To read this article you must be a subsriber

NEST must be simplified to succeed

Auto-enrolment and the Nat­ional Employment Savings Trust must be simplified if either is to be a success, industry experts say.

Professional Pensions | 15 Jul 2010 | 12:13 To read this article you must be a subsriber

NEST deficit concerns

The initial charges associated with the National Employment Savings Trust Corporation could be increased to help cover the £280m deficit incurred by the national scheme at launch, industry experts say.

Professional Pensions | 15 Jul 2010 | 12:10

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European Commission gives NEST seal of approval

The European Commission has approved a government loan to cover the set-up costs for the National Employment Savings Trust.

Professional Pensions | 07 Jul 2010 | 09:43 To read this article you must be a subsriber

NEST death knells are premature

The collective intake of breath has been almost audible as the pain of public sector belt tightening begins to seep through the economy. Some £6.25bn of initial cuts – £500m of which was reinvested – have been swiftly followed by £2bn in project cancellations. But the much maligned NEST project, so far at least, remains untouched.

Professional Pensions | 24 Jun 2010 | 09:00 To read this article you must be a subsriber

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Webb targets quick end to 'discriminatory' default retirement

The coalition government will scrap the default retirement age “as soon as possible”, pensions minister Steve Webb says.

Professional Pensions | 24 May 2010 | 12:25 To read this article you must be a subsriber

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NEST admin contract to be ‘re-examined’ - UPDATED

The computer contract for administering the National Employment Savings Trust – signed by the Labour government just months before they left office – will be re-examined, David Laws says.

Professional Pensions | 17 May 2010 | 10:10 To read this article you must be a subsriber

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McPhail slams CBI NEST claims

The Confederation for British Industry’s claim that NEST will be deserted by workers fleeing the 2% charge is “absolute rubbish”, Tom McPhail says.

Professional Pensions | 20 Apr 2010 | 11:44 To read this article you must be a subsriber

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CBI urges government to reform NEST charging structure

Early entrants to NEST will be worse-off for over a decade unless the next government reforms the fees structure, the Confederation for British Industry warns.

Professional Pensions | 19 Apr 2010 | 11:25 To read this article you must be a subsriber

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Regulator must criticise 8% rate

The Pensions Regulator should speak out against the “rubbish” 8% minimum auto-enrolment contribution, a consultant says.

Professional Pensions | 08 Apr 2010 | 10:52 To read this article you must be a subsriber

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