Pensions minister Steve Webb has said the ban on individual transfers into the National Employment Savings Trust (NEST) will be lifted before 2017.
In July, the Department for Work and Pensions (DWP) announced that, despite pressure from the industry to lift the transfer ban and the annual contribution limit of £4,500 before 2017, it would kee...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date