Auto-enrolment (AE) remained resilient during the Covid-19 pandemic and in the wake of minimum contribution increases, according to a report by Nest Insight.
Nest Insight has outlined a series of opinions from employers trialling its hybrid sidecar savings tool, with most agreeing they “like the concept” but still raising concerns over inertia.
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.
Here they are - the winners of the UK Pensions Awards 2020...
Nest Insight and the Department for Work and Pensions (DWP) are set to conduct research to examine the financial impact of Covid-19 on self-employed people.
Three-quarters of self-employed workers agree it is important to save for retirement, and more than half want help with it, according to NEST.
NEST Insight has teamed up with Invesco to boost its programme of research, publications and events, in order to help address the challenges facing its eight million members.
Just one in 20 members feel too much of their income goes into their pension, NEST Insight says.
NEST's director of business development Helen Dowsey speaks to James Phillips about communications, sidecar savings, and retirement products.
Just £450 has been set aside for retirement by the average NEST member, according to latest research.