The new scheme will change the employee benefits landscape, but as Peter Barnett points out, there will be winners and losers
Some readers may remember the 1991 movie Boyz n the Hood, starring Ice Cube and Cuba Gooding Jr., about gang violence in Los Angeles – and how the ordinary hard-working folk get caught in the violence. The film came to mind with the first reading of the Pensions Bill 2011 which took place on 12 January. This may be a huge leap, but as the Department of Work and Pensions and the pension industry – the forces behind the new National Employment Savings Trust (NEST) – strut their stuff, sometimes the very people they claim to represent can get lost in the crossfire. However, there are no ...
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