Let Nest compete with the big insurers, it might do them good

It looks like we're about to see a row break out between the government and the UK's insurance companies over just what the National Employment Savings Trust (Nest) should look like.

Although Nest has already launched the government has now decided it wants to lift the restrictions imposed on Nest by the last government. In order to keep the insurance companies sweet about the launch of its low-cost pension, Labour made some concessions on Nest so it wouldn't appear too competitive and upset the pension companies.

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