DWP refrains from 'unleashing monster' NEST into drawdown market

James Phillips
clock • 4 min read

The National Employment Savings Trust (NEST) will not expand its decumulation offering to enter the drawdown market, the Department for Work and Pensions (DWP) has confirmed.

The government has stepped backed from allowing NEST to provide additional and more flexible hybrid decumulation products and entering the decumulation market. The conclusion came after the DWP ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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