Communicating NEST Pensions for 'New' DC Savers in the United Kingdom

All UK employers now offer a pension scheme including the use of automatic enrollment. More than 9 million people have started saving into a workplace pension as a consequence. NEST is a pension scheme that any employer can use to meet its auto enr...

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Bibliographic Details
Main Authors: Sandbrook, Will, Ravi-Burslem, Ranila
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/574841556879345308/Communicating-NEST-Pensions-for-New-DC-Savers-in-the-United-Kingdom
http://hdl.handle.net/10986/31652
id okr-10986-31652
recordtype oai_dc
spelling okr-10986-316522021-05-25T09:23:27Z Communicating NEST Pensions for 'New' DC Savers in the United Kingdom Sandbrook, Will Ravi-Burslem, Ranila PENSIONS SAVIINGS COMMUNICATION APPROACH PENSION REFORM All UK employers now offer a pension scheme including the use of automatic enrollment. More than 9 million people have started saving into a workplace pension as a consequence. NEST is a pension scheme that any employer can use to meet its auto enrollment obligations. It was set up to serve those traditionally poorly served by commercial pension provision. NEST is built around features tested and seen as important and motivating for potential members and employers, underpinned by extensive research with future members and analysis of feedback from existing customers. The communications approach had a major focus on providing reassurance that saving is a “good” thing and NEST will look after one’s money. 2019-05-07T20:32:32Z 2019-05-07T20:32:32Z 2019-04 Working Paper http://documents.worldbank.org/curated/en/574841556879345308/Communicating-NEST-Pensions-for-New-DC-Savers-in-the-United-Kingdom http://hdl.handle.net/10986/31652 English Social Protection and Jobs Discussion Paper,no. 1923; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper United Kingdom
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PENSIONS
SAVIINGS
COMMUNICATION APPROACH
PENSION REFORM
spellingShingle PENSIONS
SAVIINGS
COMMUNICATION APPROACH
PENSION REFORM
Sandbrook, Will
Ravi-Burslem, Ranila
Communicating NEST Pensions for 'New' DC Savers in the United Kingdom
geographic_facet United Kingdom
relation Social Protection and Jobs Discussion Paper,no. 1923;
description All UK employers now offer a pension scheme including the use of automatic enrollment. More than 9 million people have started saving into a workplace pension as a consequence. NEST is a pension scheme that any employer can use to meet its auto enrollment obligations. It was set up to serve those traditionally poorly served by commercial pension provision. NEST is built around features tested and seen as important and motivating for potential members and employers, underpinned by extensive research with future members and analysis of feedback from existing customers. The communications approach had a major focus on providing reassurance that saving is a “good” thing and NEST will look after one’s money.
format Working Paper
author Sandbrook, Will
Ravi-Burslem, Ranila
author_facet Sandbrook, Will
Ravi-Burslem, Ranila
author_sort Sandbrook, Will
title Communicating NEST Pensions for 'New' DC Savers in the United Kingdom
title_short Communicating NEST Pensions for 'New' DC Savers in the United Kingdom
title_full Communicating NEST Pensions for 'New' DC Savers in the United Kingdom
title_fullStr Communicating NEST Pensions for 'New' DC Savers in the United Kingdom
title_full_unstemmed Communicating NEST Pensions for 'New' DC Savers in the United Kingdom
title_sort communicating nest pensions for 'new' dc savers in the united kingdom
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/574841556879345308/Communicating-NEST-Pensions-for-New-DC-Savers-in-the-United-Kingdom
http://hdl.handle.net/10986/31652
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