Feathering the NEST - time to start now

Posted by Matthew Frain in Pay & benefits on Tue, 22/06/2010 - 09:38

There is some confusion over the state of pensions in the UK and with the change of government, where does the NEST scheme stand? Navigate the way forward with this guide.

 

It has long been suggested that there is a sizable retirement savings gap in the UK. What does this mean - well basically, too many people are making little or no provision for income after they work, probably expecting that the state will look after them, that they will inherit the family fortunes or just not giving it a second’s thought. The truth is: many of these people could end up living around the poverty line.

 

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Editor's Welcome

 

Hello! And welcome back as we enter 2012, with a busy year ahead of us all. With talk of double-dip recessions, a possible partial or even full break-up of the Eurozone and unemployment rates set to hit nearly 9%, topics such as organisational streamlining, staff resilience and talent management are likely to be on many an HR professional's lips over the next 12 months.
 
But to lighten the gloom here in the UK, we also have the Queen's Diamond Jubilee and its attendant public holidays to look forward to at the start of June. Followed by two weeks of Olympic Games from 27 July to 12 August and the Paralympics from 29 August to 9 September, each generating their own excitement, but also issues to work through for hard-pressed HR departments trying to sort out the multifarious staffing issues in advance.
 
So with an interesting but challenging year to come, HRZone promises to be with you, supporting you all the way and providing our usual insightful blend of news, analysis, community blogs and expert comment to help you sort the wheat from the chaff. As ever, we love to hear from you too so feel free to either post your words of wisdom to our blog section yourself or, in the case of longer, more in-depth ‘expert voice’ articles, drop me a line with any ideas to cath.everett@siftmedia.co.uk.....
 
Cath Everett
HRZone Editor 
 
 
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