PPI: NEST contribution cap may constrain target customers

clock

National Employment Savings Trust's annual contribution cap of £4,400 may prevent its target customers from achieving an adequate retirement income, the Pensions Policy Institute has said.

In its paper, The impact of the NEST contribution limits and restrictions to transfers, the PPI argued the government should remove the low-cost pensions provider's constraints when auto-enrolment ...

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 Defined Contribution

Standard Life to launch 'next gen' private markets alternative default strategy

Standard Life to launch 'next gen' private markets alternative default strategy

Future Opportunities fund is set for launch in Q1 2026 to complement flagship SMA default

Jonathan Stapleton
clock 24 September 2025 • 3 min read
Reports: NatWest in talks to sell workplace pensions provider Cushon

Reports: NatWest in talks to sell workplace pensions provider Cushon

Sky News says the high street bank is looking to refocus on ‘core strategic priorities’

Professional Pensions
clock 22 September 2025 • 2 min read
LifeSight hits £1bn in drawdown assets

LifeSight hits £1bn in drawdown assets

Growing numbers of members choosing to stay with master trust as Gen DC start to retire

Jonathan Stapleton
clock 16 September 2025 • 1 min read
Trustpilot