Restrictions on the National Employment Savings Trust (NEST) could leave medium-sized employers with only one provider to choose from for auto-enrolment, the pensions minister has said.
Restrictions on the National Employment Savings Trust (NEST) could be lifted after the government issued a call for evidence on the impact of the constraints.
Fast food giant McDonalds will use the National Employment Savings Trust (NEST) for 35,000 hourly-paid workers as part of a two-tier auto-enrolment solution.
Retirement Planner's round-up of the top pension stories this week.
Changes to the legislation governing the operation of the National Employment Savings Trust (NEST) is to allow employers to leave the scheme.
Major household names like McDonalds, Travelodge, the BBC and BT will use the National Employment Savings Trust for auto-enrolment.
BT will use a combination of its existing Standard Life defined contribution (DC) scheme and the National Employment Savings Trust (NEST) for auto-enrolment.
The National Employment Savings Trust (NEST) will implement a fully-automated process allowing self-employed people to join the scheme in January.
Retirement Planner's round-up of the top pension stories this week.
Fiona Murphy looks at the growing interest in Islamic pension products and SIPP investments