NEST trustees must fight contribution limits: McClymont

clock

The trustees of the National Employment Savings Trust must take legal action against the government's decision not to remove contribution limits to the vehicle, shadow pensions minister Gregg McClymont says.

Contributions to NEST are subject to a limit of £4,400 per year. Despite pressure from the industry and from the Department for Work and Pensions select committee (PP Online 15 March 2012) to remov...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

FOS issues consultation on compensation interest payments

FOS issues consultation on compensation interest payments

Consultation comes after call for input on FCA and FOS collaboration on improving redress

Jasmine Urquhart
clock 06 June 2025 • 1 min read
ACA calls for 'pragmatic and successful' DB surplus release regime

ACA calls for 'pragmatic and successful' DB surplus release regime

Chair Stewart Hastie praises minister’s recent commitment to reforms

Jasmine Urquhart
clock 06 May 2025 • 1 min read
Most support TPR's move to extend oversight to professional trustee firms

Most support TPR's move to extend oversight to professional trustee firms

However concern over possible regulatory ‘overreach’ and ‘mission-creep’

Jasmine Urquhart
clock 15 April 2025 • 2 min read
Trustpilot