NEST restrictions: The 2017 decision

Taha Lokhandwala explores the implications of Steve Webb’s decision to keep NEST limits in place for four more years

clock •

Last week, pensions minister Steve Webb announced the restrictions on the National Employment Savings Trust (NEST) would be lifted, following a consultation.

However, many were surprised at the decision not to remove them until April 2017 (PP Online, 9 July). NEST is subject to an annual contributions cap of £4,500 and ban on any transfers into or ou...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

FCA proposes excluding some performance fees from DC default charge cap

FCA proposes excluding some performance fees from DC default charge cap

Regulator consulting on greater flexibility to boost pension investment in private assets

Alex Levy
clock 12 November 2026 • 4 min read
Partner Insight: Future-ready capabilities for pension schemes in a changing investment landscape

Partner Insight: Future-ready capabilities for pension schemes in a changing investment landscape

As pension schemes face increasingly complex investment challenges, research-powered capabilities can help deliver tailored exposures aligned with long-term objectives.

Fidelity International
clock 11 November 2026 • 6 min read
Partner Insight: Are mid-life employees becoming retirement's forgotten group?

Partner Insight: Are mid-life employees becoming retirement's forgotten group?

New research suggests many employees in their forties are slipping into a retirement planning blind spot

Royal London
clock 09 November 2026 • 4 min read
Trustpilot