Ending contracting-out a wrench, plumbers say

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A £1.3bn plumbers' pension scheme is urging Steve Webb to ditch plans to scrap contracting-out rebates because it will put it into direct competition with NEST.

The Plumbing and Mechanical Services (UK) Industry Pension Scheme said it will struggle to compete with other schemes like the National Employment Savings Trust if its members have to start paying ...

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