After four years with Swiss Re's Australia and New Zealand business, Russell Higginbotham believes the UK could import some ideas from the Australian life and health market
Abrief paragraph in the recent Comprehensive Spending Review (CSR) document reiterated the coalition government’s commitment to the UK’s National Employment Savings Trust (NEST). This was soon followed by the announcement setting the minimum threshold for participation at £7,475; an increase over the previous government’s proposed threshold of £5,035. The continued support for auto-enrolment among employees is welcome news, irrespective of whether this is into NEST or into a qualifying workplace pension. Auto-enrolment is a step towards a strong mechanism for a future improved level of p...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
