DWP to remove NEST restrictions from 2017 - UPDATE 2

clock

Restrictions on the National Employment Savings Trust (NEST) will be removed to allow it to "focus on its target group without any distraction", says pensions minister Steve Webb.

In a written ministerial statement Webb said the measure would be announced later today in the government's response to its call for evidence on the impact of the contribution cap and transfer ban ...

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 Industry

Buzz: What pensions policy would you like a Pensions Commission to look at?

Buzz: What pensions policy would you like a Pensions Commission to look at?

Pensions Commission, scheme priorities for the rest of 2025 and summer reading lists

Professional Pensions
clock 28 July 2025 • 1 min read
Schroders now managing £500m in assets across Enplan DB consolidation platform

Schroders now managing £500m in assets across Enplan DB consolidation platform

Enplan was launched in 2017 by professional independent trustee Entrust

Holly Roach
clock 28 July 2025 • 1 min read
News Digest: Reeves must raise taxes, charge for NHS or ditch pensions triple lock, warns IMF

News Digest: Reeves must raise taxes, charge for NHS or ditch pensions triple lock, warns IMF

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 28 July 2025 • 1 min read
Trustpilot