Three things we learned this week

NEST restrictions will be addressed in Pension Bill The government's response to the National Employment Savings Trust (NEST) restrictions is likely to be addressed in the passage of the Pensions Bill. The Bill, which will introduce the flat-rate state pension and end contracting-out from 2016, as well as bringing in automatic transfers for small pension pots, received its second reading in the House of Commons yesterday. Work and Pensions Committee member Nigel Mills challenged work and pensions secretary Ian Duncan Smith on the current restrictions on transfers into and out of NES...