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Tata set to administer Nest accounts

The Personal Accounts Delivery Authority (PADA) has confirmed that Tata Consultancy Services is to take on the administration of the National Employment Savings Trust (Nest).

Nest to be reviewed under Conservative government

Shadow pensions minister Nigel Waterson has promised an immediate review of the Personal Accounts Delivery Authority (PADA), should his party win this year’s general election.

Nest: the new personal accounts

Nest completes rule book for UK pensions reform

The Department for Work and Pensions (DWP) last month published the final set of regulations putting in place the pensions policy reforms ahead of implementation in 2012.

Smaller companies resent added costs of implementing a national scheme

Small businesses have branded 2012 pension reforms “unfair”, according to research published with the government’s final consultation response on the subject.

Buzz around Bee’s manifesto

Steve Bee’s new role at Paradigm Partners will involve encouraging employers and advisers to create defined contribution schemes that are superior to the National Employment Savings Trust (Nest) scheme.

NEST logo

The NEST logo

Simply the NEST – personal accounts rebranded

The Personal Accounts Delivery Authority (PADA) has given a new name to the personal accounts project.

Webb: a two-horse race does not equate to ‘strong competition’

Second drop-out sparks doubts over PADA contract

Logica’s withdrawal from the Personal Accounts Delivery Authority’s (PADA) administration procurement process has raised questions over whether there is sufficient competition for the role.

Eagle: Tory plans ‘too complex’

Eagle rejects Waterson’s DB design

Pensions minister Angela Eagle has dismissed Conservative proposals to support defined benefit (DB) schemes and bring forward auto-enrolment.

Logica pulls out of personal accounts admin race

Logica's withdrawal from the Personal Accounts Delivery Authority's (PADA) procurement process has raised questions over whether there is sufficient competition for the role.

Jones: could quit PADA if his salary were cut to civil servant levels

PADA defends PA bidding process

ATP’s departure from personal accounts admin contract bid proves the system is working like clockwork, states PADA’s chief executive

Parties not ambitious enough, says industry

Pensions experts have called for politicians to take more radical steps in state pension provision following the party conference season.

Waterson: such schemes could be moved to DC arrangements

Tory spokesman calls for end to unfunded schemes

Conservative shadow pensions minister Nigel Waterson has spoken about his own views on public sector pensions, including repeating his desire to close unfunded schemes.

Smaller firms fear changes in 2012

More than two-thirds of Britain’s smallest companies fear that the 2012 pension reforms threaten closure or redundancies, Federation of Small Businesses (FSB) figures show.

Leach: new approaches required

Over-65s left in no-man’s-land

Raising the state pension age dramatically could leave older workers in limbo with little or no income, according to the Trades Union Congress (TUC).

TUC refutes public sector plans are risky and unstable

The Trades Union Congress (TUC) has challenged the idea that the public sector pension system in its current form is unsustainable.

Johnson: need for flexible option

CPS report proffers a total restructure of S2P

The government’s pensions policies are fundamentally flawed and should be abandoned in favour of a new and sustainable system, a report published by the Centre for Policy Studies (CPS) has claimed.

Cameron vows to close MPs' pension scheme

David Cameron has pledged to close the MPs’ pension scheme following a Conservative election victory, adding that politicians need to lead by example when reforming the public sector.

Strict rules may leave staff stuck in schemes for months

The government’s latest report into auto-enrolment could require schemes to rewrite rules regarding new member investment, according to a law firm.

Winterton: most will be better off in retirement
Industry divided on DWP report

Low earners could lose out on potential savings when auto-enrolment is introduced in 2012, according to several industry experts.

Jones: provider must be prepared

PADA hints overseas firm may run personal accounts

The administration for personal accounts may be run by a company based in North America or Europe.

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