NEST restrictions: The 2017 decision

Taha Lokhandwala explores the implications of Steve Webb’s decision to keep NEST limits in place for four more years

clock

Last week, pensions minister Steve Webb announced the restrictions on the National Employment Savings Trust (NEST) would be lifted, following a consultation.

However, many were surprised at the decision not to remove them until April 2017 (PP Online, 9 July). NEST is subject to an annual contributions cap of £4,500 and ban on any transfers into or ou...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

How we won the PP Investment Awards 2024... Arcmont Asset Management

How we won the PP Investment Awards 2024... Arcmont Asset Management

Arcmont won the accolade for DC Investment Innovation of the Year

Professional Pensions
clock 22 January 2025 • 3 min read
L&G Master Trust hits £30bn in assets under management

L&G Master Trust hits £30bn in assets under management

Scheme says it is the first commercial master trust in the UK to reach the milestone

Jasmine Urquhart
clock 21 January 2025 • 1 min read
An alternative to lifestyling in defined contribution

An alternative to lifestyling in defined contribution

Is too much derisking a bad thing?

Jonathan Stapleton
clock 20 January 2025 • 17 min read
Trustpilot