NEST could increase group risk enrolment

However employers remain concerned about funding the new system and Grid has urged the government to play its part. The group risk trade body surveyed 500 UK businesses about their plans regarding the NEST pensions' auto enrolment project. It found 49% of firms that do not currently offer group risk benefits to their staff would consider implementing a group life scheme once NEST was introduced. This, Grid said, "could potentially make major inroads into the country's growing protection gap". And it highlighted Australia's execution of a pensions' auto-enrolment with life and di...