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 (...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
