Tory MP: NEST restrictions must go

Warrington South MP David Mowat said the government should "stand up to Brussels" and make the case for setting NEST free now. The call comes just ten days before auto-enrolment begins for the country's largest companies. In a an exchange with pensions minster Steve Webb, Moway said NEST should have greater freedom to compete in the market for occupational pensions and was being held back by European Union regulations. He said: "For the past two decades we have had the highest pension charges in the OECD. Part of the solution for the next two decades is NEST, yet there are a number...