NEST constraints not integral to qualifying for government loan

clock •

The constraints on the National Employment Savings Trust were not integral to the organisation qualifying for state aid, says pensions minister Steve Webb.

Giving evidence to the Department for Work and Pensions select committee on auto-enrolment, Webb said the ban on transfers and contribution cap for NEST did however strengthen its case for receivin...

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 Legislation

Trustees advised to think beyond compliance as pension reform proceeds

Trustees advised to think beyond compliance as pension reform proceeds

Best-placed schemes will consider wider objectives, says Hughes Price Walker

Alex Levy
clock 02 September 2026 • 1 min read
SPP backs modernisation of pension treatment on divorce and separation

SPP backs modernisation of pension treatment on divorce and separation

Trade body says dashboards could form integral part of government reform

Alex Levy
clock 17 August 2026 • 2 min read
Proposed reform to divorce and separation will bring pensions into greater focus

Proposed reform to divorce and separation will bring pensions into greater focus

Lawyers say clarity needed on cohabitation and sharing of future pension benefits

Alex Levy
clock 14 August 2026 • 6 min read
Trustpilot