Todd: NEST funds performed 'just how we wanted' over 2011/12

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The National Employment Savings Trust has ended its first ten months in operation with less money in its fund accounts than were made in initial contributions, after one member died and contribution charges ate into member pots.

However, its investment head has said the funds are delivering their objectives and performing "just how we wanted". NEST has been trialling its systems with the help of volunteer employers and ...

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