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

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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...

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