NEST to allow employer contributions by debit card

Contributions can be made using a debit card or direct credit through NEST's new online system for employers, although the provider expects the majority of employers will use direct debit. NEST said paying by debit card or direct credit incurs no additional charge but it reserves the right to charge if the costs of these become prohibitive, although this is not expected. Standard direct debit payments will incur no charges and NEST has no powers reserved to charge. Fees could be charged if an employer breaches NEST's terms and conditions, but the first approach is to discuss the is...