Supporting automatic enrolment – call for evidence on NEST constraints
This call for evidence seeks views and evidence on the impact of the annual contribution limit and the transfer restrictions placed on the National Employment Savings Trust (NEST) by exploring:
- whether the perceived complexity of these two constraints is inhibiting employer choice, even where the workforce is in NEST's target market
- the extent to which commercial providers are able to supply low-cost provision to a very diverse range of employers as automatic enrolment gathers pace
- whether the balance between employer choice and consumer interests shifts as automatic enrolment captures smaller employers.
The call for evidence is aimed at employers, employee representatives, and pension industry professionals including pension scheme administrators, payroll administrators, accountants, payroll bureaux, Independent Financial Advisors and Employee Benefit Consultants.
Comments from workers and the general public are also welcome.
The call for evidence
How to respond to this call for evidence
Start date: 6 November 2012
Closing date: 28 January 2013
Please ensure your response reaches us by that date.
You can respond by email and post as follows.
Email jane.woolley@dwp.gsi.gov.uk
Post Jane Woolley
Department for Work and Pensions
Enabling Retirement Savings Programme
1st Floor, Caxton House
6-12 Tothill Street
London SW1H 9NA
When responding, please state whether you are doing so as an individual or representing the views of an organisation. If you are responding on behalf of a larger organisation, please make it clear who the organisation represents, and where applicable, how the views of members were assembled.
