Experts suggest 'full-scale compulsion' if NEST fails

Speaking at a panel discussion at the Professional Pensions Show, Barnett Waddingham consultant Malcolm McLean said the government must make contingency plans in case auto-enrolment fails. "The next step is full-scale compulsion, which is not that radical," said McLean, pictured. "We already have a form of compulsion in National Insurance contributions." McLean predicted full-scale compulsion could be in place within five years if auto-enrolment does not deliver as expected. Barnett Waddingham senior partner Adrian Waddingham said progress on pension reform has been "infuriating...