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

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 Regulation

Committee report documents Civil Service Pension Scheme failures

Committee report documents Civil Service Pension Scheme failures

Public Accounts Committee says failed admin means members facing ‘unacceptable waits’ for remedies

Jasmine Urquhart
clock 24 October 2025 • 3 min read
Hymans Robertson publishes CDC paper

Hymans Robertson publishes CDC paper

Paper encourages industry to learn from international experience and to envision new investment strategies

Jasmine Urquhart
clock 17 October 2025 • 2 min read
Most think DB Funding Code needs more consideration

Most think DB Funding Code needs more consideration

LCP poll finds three quarters of industry think there is more they need to consider about the code

Jasmine Urquhart
clock 13 October 2025 • 1 min read
Trustpilot