Communicating NEST Pensions for 'New' DC Savers in the United Kingdom
Author(s) -
Will Sandbrook,
Ranila Ravi-Burslem
Publication year - 2019
Publication title -
world bank, washington, dc ebooks
Language(s) - English
Resource type - Book series
DOI - 10.1596/31652
Subject(s) - kingdom , nest (protein structural motif) , business , biology , botany , biochemistry
All UK employers now offer a pension scheme including the use of automatic enrollment. More than 9 million people have started saving into a workplace pension as a consequence. NEST is a pension scheme that any employer can use to meet its auto enrollment obligations. It was set up to serve those traditionally poorly served by commercial pension provision. NEST is built around features tested and seen as important and motivating for potential members and employers, underpinned by extensive research with future members and analysis of feedback from existing customers. The communications approach had a major focus on providing reassurance that saving is a ?good? thing and NEST will look after one?s money.
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