Employers' guide to automatic enrolment: How NEST can help you meet your duties provides an easy to understand overview of the key requirements around automatic enrolment, as well as setting out what NEST can do to help.
SECOND RIVAL TO NEST LAUNCHES WITH SUPER TRUST
10 November 2011 B&CE has launched a super trust called ‘The People’s Pension’ to rival NEST, which it hopes will attract one million members. The not-for-profit organisation currently provides pensions for the construction industry, where it has 500,000 policyholders in its stakeholder pension scheme. Speaking at the launch event this morning, B&CE chief executive officer Brian Griffiths said the company had the experience to provide a solution for auto-enrolment. He said: "We have nearly 30 years of experience providing retirement saving benefits, working with very small employers up to large multinationals. "For 10 years we have provided a form of auto-enrolment with our stakeholder pension. "We are ideally placed to bring the right solution to the table." The company hopes the new super trust will see the number of policyholders double over the 29 November 2011 NEST Corporation today issued a Contract Notice in the Official Journal of the European Union (OJEU) for an actively-managed sterling corporate bond fund mandate. Procuring this mandate supports NEST in refining its ability to manage the existing NEST Retirement Date Funds and alternative fund choices. This mandate is not a new fund choice for members. The mandate will be used primarily in the following ways: · Consolidation phase of NEST’s Retirement Date Funds · NEST Retirement Date Funds currently entering the Consolidation phase will start to incorporate the corporate bond fund immediately as one of the building block funds used as they transition from growth assets, into retirement income (annuity)-tracking assets · NEST Retirement Date Funds currently close to their target date will not be using this fund, as we expect most members to take their pot as cash. After 2018, the mandate will be used by all NEST Retirement Date Funds in the Consolidation phase. · NEST Pre-retirement Fund Follow this link to read the full press release from NEST For more information on NEST’s investment approach go to www.nestpensions.org.uk next five years to reach at least 1 million. Read more from Professional Pensions NEST INVITES BIDDERS FOR A STERLING BOND FUND MANDATE
NEST SIGNS FRC STEWARDSHIP CODE AND PROCURES EIRIS TO DELIVER RESPONSIBLE OWNERSHIP APPROACH
CIPP Policy News Journal
09/10/2012, Page 165 of 234
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