The initial charges associated with the National Employment Savings Trust Corporation could be increased to help cover the £280m deficit incurred by the national scheme at launch, industry experts say.
Standard Life said NEST Corporation will have garnered a deficit of around £280m by the time it is launched in October 2012 should it go ahead with the £600m Tata Consultancy Services contract. ...
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