Consumer groups demand end to NEST restraints

The government consulted on lifting the contribution limit and the ban on transfers in and out of NEST last year. The consultation closes today. The Trades Union Congress, Age UK, manufacturers' organisation EEF, the Federation of Small Businesses, the British Chambers of Commerce and Which? have all signed the letter claiming the restrictions make auto-enrolment more difficult for employers and workers. Signatories complained that the restraints prevent employers using NEST as the single scheme for their entire workforces, and prevents workers from putting in extra contributions towa...