Pru works with bulk-scale providers on 'dual-scheme' AE approach

Jenna Towler
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Prudential is working with the National Employment Savings Trust (NEST) and independent multi-employer scheme NOW: Pensions to provide auto-enrolment packages for its clients.

The provider said some of its corporate pension clients had diverse workforces, with differing pension needs. It said many were keen to take a dual-scheme approach to auto-enrolment. The set up would see a Prudential scheme put in place for one section of the workforce, with the other using NEST or NOW: Pensions. David Caw, head of client management at Prudential, said: "Auto-enrolment brings a number of challenges for employers as they look to meet their obligations in a cost-effective and efficient manner. "While we are providing Prudential-only solutions for many clients, we als...

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