Feathering the Nest

Scott, Anna
February 2010
People Management;2/25/2010, Special section p14
The article presents information on the implementation of the workplace pension reforms, including the introduction of Nest schemes, in Great Britain in 2012. The government is encouraging more employees to save with a private pension because of an estimated 12.4 million private-sector employees who do not pay an occupational pension. Employers will be required to automatically enroll workers who are eligible for a Qualifying Workplace Pension Scheme. A penalty will be imposed by the Pensions Regulators to employers who fail to comply.


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