Consumer groups warn DWP on NEST review

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A number of consumer groups have warned the DWP a "too broad" review of the 2012 reforms would compromise the "hard-won consensus" on auto-enrolment.

The group - including members of the Financial Services Consumer Panel, Citizens Advice, Trades Union Congress, Which? and AgeUK - has written to DWP ministers ahead of tomorrow's expected announcement on the future of NEST and auto-enrolment. Their letter said: "We think that it would be a mistake to extend the review in a way that reopens the consensus reached about how best to implement the main recommendations of the Pensions Commission." The group said it had "strong confidence" in PADA and very much welcomed Lord Freud's strong support for auto-enrolment in the recent House of L...

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