Sean Browes

Why reinvent the wheel?

Posted on 12th February 2010 by

It is widely accepted that there is reluctance among many workers to save for their retirement, but the Nest scheme offers nothing new to the pension landscape

There are serious issues to be addressed, such as mandatory contributions from the outset of schemes, default retirement ages, means-tested benefits and the use of contract-based arrangements rather than introducing the National Employer Savings Trust (Nest).

This article published in Pensions Management by Sean Browes examines many of the pressing challenges facing the pensions industry today, proposes some radical and innovative solutions and asks the question: why reinvent the wheel?

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About the author

Sean Browes

Sean Browes

Sean has over 20 years experience in the pensions industry and is a specialist in technical administrative aspects, data issues and the development of software tools.

Comments

  1. uberVU - social comments | 13th February 2010 17:48:48

    Social comments and analytics for this post…

    This post was mentioned on Twitter by PensionsEndgame: @ Article by Sean Browes in Pensions Management on NEST and DC schemes http://cli.gs/sXJpR...

  2. Pension Taxation Policy, Nietzsche and Ethical Egoism | UK Actuaries, Consultants, Pensions Administrators | Spence & Partners | 1st March 2010 21:20:06

    [...] that it’s a good idea and, more importantly, if we are going to see anything more than minimum National Employer Savings Trust NEST-type provision, we have to persuade those who manage workplaces that pensions matter to them [...]

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