HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
According to an announcement from the Department for Work and Pensions (DWP) yesterday (23 January), this is the amount which was estimated by NEST, and accepted by The Pensions Regulator (TPR). In...
Achievements, charity work and other happy snippets
'A win for advisers'
Unconstrained multi-asset fund managed by Talib Sheikh
Who made the cut?
Transferring out of DB scheme