Getting Ready for NEST
Although you will be given notice of your staging date, there is a benefit in taking early action as there will be a sizeable number of businesses seeking advice prior to their staging date and the availability of such advice is therefore likely to be sparse. To prepare, you will need to:
- Understand your staging date so that you know by when you will need to act
- Understand the criteria that qualifying schemes must meet
- Assess whether your existing pension scheme meets this criteria (for help with this, click here)