NEST should be used for short service refunds

clock

Transferring short service refunds into the National Employment Savings Trust would help level the playing field between contract and trust-based schemes, an expert says.

Hargreaves Lansdown pensions analyst Laith Khalaf urged the government to look at the idea of allowing schemes to transfer small pots of retirement savings into NEST if an employee leaves a job aft...

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 Industry

Access LGPS pool named Stewardship Code signatory

Access LGPS pool named Stewardship Code signatory

Pool joins other LGPS funds and pension schemes as signatories of FRC’s code

Holly Roach
clock 11 February 2025 • 1 min read
Guidance needed for councils looking to reduce pension contributions, LCP says

Guidance needed for councils looking to reduce pension contributions, LCP says

Follows confirmation Kensington and Chelsea RBC will not have to pay pension contributions next year

Holly Roach
clock 11 February 2025 • 2 min read
Illiquids set to play 'increasingly important' role in DC investment strategies

Illiquids set to play 'increasingly important' role in DC investment strategies

Isio report reveals DC master trusts are planning greater UK illiquid asset investment

Holly Roach
clock 11 February 2025 • 2 min read
Trustpilot