The main parties may find it hard to agree on pensions policies including NEST, tax relief, early access to pensions savings and deregulation of DB schemes.
Auto-enrolment and NEST The current Labour government intends to commence auto-enrolment into workplace pension savings from 2012, with full implementation by 2017. Alongside this will be the launch of NEST, a low-cost defined contribution pension scheme that employers can enrol their employees into. The Conservatives will explore allowing companies to voluntarily begin auto-enrolment before 2012 and would hold a review of current auto enrolment timelines. Both the Conservatives and the Liberal Democrats have expressed concern about NEST potentially prompting employers to level down...
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