NEST

A financial adviser has launched a pension scheme to directly compete with the government-backed, and taxpayer funded, National Employment Savings Trust (NEST).

Pension professionals, advisers, businesses and consumer groups have responded to a Work and Pensions Committee (WPC) inquiry into auto-enrolment and the National Employment Savings Trust.

Public sector workers employed in higher education should be allowed to enrol into the National Employment Savings Trust NEST), universities and colleges say.

About a year ago I was sat at a table listening as a financial adviser and a chap from NEST went toe-to-toe over the issue of compulsion when saving for retirement.

Some employers might be reluctant to get on board with changes to employment legislation, particularly when it comes to pensions.

Danish pension fund ATP has announced the launch of an independent multi-employer trust pension to rival the National Employment Savings Trust (NEST.

The National Employment Savings Trust (NEST) will allow employers to make pension contributions using a debit card, a payment method most other providers shy away from.

Around one third of employees will opt out of pensions when auto-enrolment comes into force after 2012, Legal & General (L&G) says.

NEST Corporation has revealed the members of its employer and scheme member panels.

The news this week is truly holistic, with stories on tax, investment, savings, pensions and income protection all likely to get clients reaching for your phone number.