Concerns Nest is bypassing transfer due diligence

Advisers raise questions over master trust signposting scheme members to MoneyHelper

Ayesha Venkataraman
clock • 3 min read
Concerns Nest is bypassing transfer due diligence

Pension transfers out of Nest are being held up by its requirements on savers to make guidance appointments with MoneyHelper prior to leaving the scheme, financial advisers say.

The government-backed master trust has come under fire from advisers for the requirement to speak with MoneyHelper - the one stop shop service launched last June by the Money and Pensions Service (...

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Ayesha Venkataraman
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Ayesha Venkataraman

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