The biggest barrier to companies using the National Employment Savings Trust is the perception that it will be difficult to brand as a "valuable employee benefit", says Towers Watson.
The consultant surveyed 50 large employers and found that a fifth was considering appointing the scheme to meet auto-enrolment obligations. Half of those not planning to use NEST were concerned that...
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.