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Tagged: Department for Work and Pensions

NEST cannot receive auto enrolment favouritism, say pension providers

The Pensions Regulator (TPR) and the Department for Work and Pensions (DWP) have been criticised by a number of pension providers, due to apparently showing favouritism to NEST, the government backed pension scheme set up for auto enrolment.

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Less than 10% of workers are opting out of auto enrolment pension schemes

According to an announcement from the Department for Work and Pensions (DWP) over 90% of people who have been automatically enrolled into a workplace pension scheme have not opted out.

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