Neil Hawkins, national employee communication manager at Friends Provident, gives tips on how employers can successfully get their staff to improve their pensions savings.
As we approach the General Election, the mind starts to boggle as to how a new government (Conservative or otherwise) might tackle the proposed pension reform. It is widely acknowledged some form of compulsion is the only way to deal with the growing problem of more and more pensioners funded by the same amount of National Insurance contributions. However, compulsion is a political hot potato and is being neatly ducked with the introduction of auto-enrolment. The fundamental problem is the proposed National Employer Savings Trust (NEST) faces an administrative nightmare, as a largely ...
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