Speeches sourced from the Labour party’s online archive More…

Gregg McClymont MP, Labour’s Shadow Work and Pensions Minister, said in response to a DWP Select Committee report today recommending that two key restrictions on the National Employment Savings Trust (NEST) should be lifted:
 
“The restrictions have played their role in ensuring that NEST developed well-designed and low charge pension products focused on lower earners. The Select Committee makes a compelling case that lifting the restrictions on NEST would now be to the benefit of consumers and employers. The government needs to move from consideration to action.”

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