Employers should not just settle for NEST to meet 2012 duties - SPC

clock

The Pensions Regulator should encourage smaller employers to explore the defined contribution market to fulfil auto-enrolment duties rather than favour NEST, the Society of Pension Consultants says.

The SPC said parts of TPR's discussion paper on enabling better outcomes from DC schemes (PP Online, 28 January) can be read as though there was an objective of encouraging smaller employers to use...

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 Regulation

PSIG launches petition on member scam support

PSIG launches petition on member scam support

Group calls for change in the way pension and investment fraud victims are treated by HMRC

Jasmine Urquhart
clock 31 October 2024 • 1 min read
Autumn Budget 24: Carried interest rates hiked to 32% in blow to private equity bosses

Autumn Budget 24: Carried interest rates hiked to 32% in blow to private equity bosses

Rates to be increased from current 28% level from April next year, with further reforms in 2026

Valeria Martinez
clock 30 October 2024 • 2 min read
Cost of removing employer NI relief will be passed on to employees

Cost of removing employer NI relief will be passed on to employees

SPP says workers will bear the cost if chancellor axes NI pension contribution exemption

Jasmine Urquhart
clock 17 October 2024 • 2 min read
Trustpilot