Sidecar savings option popular but opt-ins low, finds Nest Insight

Hope William-Smith
clock • 4 min read

Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.

The research unit of the £12bn government-backed master trust first launched its trial to test the impact of a combined savings tool or ‘sidecar savings model' in 2018. Savers using the tool wou...

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 Defined Contribution

Will the Pensions Review herald long overdue integrated policy making?

Will the Pensions Review herald long overdue integrated policy making?

Stephanie Hawthorne asks the industry what should be the Pension Review’s priorities?

Stephanie Hawthorne
clock 24 October 2024 • 12 min read
PLSA 24: DC consolidation must be in the members' best interest

PLSA 24: DC consolidation must be in the members' best interest

Industry panel says efforts to address adequacy and consolidation efforts must be right for savers

Martin Richmond
clock 17 October 2024 • 3 min read
Smart Pension completes consolidation of Crystal Trust assets

Smart Pension completes consolidation of Crystal Trust assets

Consolidation sees over 130,000 members and £880m of assets transferred

Jonathan Stapleton
clock 16 October 2024 • 1 min read
Trustpilot