The National Employment Savings Trust (NEST) will review its investment strategy over concerns outcomes for members in its default fund could be affected by 2014 Budget.
The provider announced the review in its members' panel annual report, published on Friday. NEST members' panel chairman Museji Takolia said: "Policy changes mean that NEST will have to make adjustments...
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.