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A potential pension paradox may be at play among small and micro business in the UK, according to new research.

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There has been a surge in advisers becoming automatic enrolment specialists, according to a savings organisation, as the scheme reaches its second anniversary today.

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The annual contribution limit and transfer restrictions on the National Employment Savings Trust will be lifted, the Pensions Minister announced this morning.

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Tuesday, 08 April 2014 11:36

Nest reaches milestone of over 1m members

The National Employment Savings Trust said it has achieved an important milestone after reaching over one million members.
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Owners of small and medium sized businesses worried about heavy fines for missing auto-enrolment deadlines have been reassured they still have enough time.
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A website which helps businesses find advisers has joined forces with NEST, the not-for-profit automatic enrolment scheme set up by government.
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The National Employment Savings Trust (NEST) has unveiled its national campaign to raise awareness of auto-enrolment.

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Senior executives from Nest, the National Employment Savings Trust, debated with industry experts this week on the best way to communicate with a new generation of savers.

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The Work and Pensions Select Committee believes the cap on contributions to auto-enrolment pensions should be lifted.

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