Government should lift restrictions on the National Employment and Savings Trust's annual contributions and transfer terms "as a matter of urgency", the Work and Pensions Committee has said.
The House of Commons group's report Lifting the restrictions on NEST, published today, called for the Department for Work and Pensions to launch an immediate review of the restrictions. Members of NEST...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.