The collective intake of breath has been almost audible as the pain of public sector belt tightening begins to seep through the economy. Some £6.25bn of initial cuts - £500m of which was reinvested - have been swiftly followed by £2bn in project cancellations. But the much maligned NEST project, so far at least, remains untouched.
In fact, the National Employment Savings Trust has become something of a Voldemort of government pensions policy – he who shall not be named. And the fog of uncertainty was by no means lifted by de...
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