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Employee Benefits News

News - NEST
05 Feb 2013 Less Than 50% Of Employers Have Confirmed Pension Provider Said NEST

Less than 50% of employers with a headcount of below 5,000 have confirmed who their pension scheme provider is ahead of the automatic enrolment staging date, the latest research by the National Employment Savings Trust (NEST) showed last week. In 2013, when workplace pensions become mai...

21 Jan 2013 OFT To Investigate DC Schemes

The Office of Fair Trading (OFT) last Thursday initiated a probe into the quality of defined contribution (DC) workplace pension schemes amid reforms in the market resulting from the introduction of automatic enrolment. As a result of auto-enrollment, the value of annual contribution i...

03 Dec 2012 Some 70% Of Brits Not To Opt Out Under Auto-Enrolment - DWP

Some 70% of UK adults intend to remain as members of a pension scheme if they are enrolled into one under automatic enrolment, the latest Department for Work and Pensions (DWP) study on retirement savings showed last week. According to the ‘Attitudes to pensions: The 2012 survey´...

13 Aug 2012 SMEs Signed Up For NEST Report Strong Take-up

Small and medium-sized companies that have signed up for NEST ahead of the start of automatic enrolment are seeing considerable interest in pension saving, the official magazine of the Chartered Institute of Personnel and Development, People Management, reported last week.

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