Pensions - Articles - NEST comments on Aviva Family Finances Report

 Commenting on the findings of the Aviva Family Finances Report 2012, Graham Vidler, director of communications and engagement at NEST, said:

 ‘Intergenerational living will only increase as our population ages, so it's great to know so many families are enjoying the benefits of living together. But it's important people have a choice. That means being financially independent, even into older age.

 ‘Automatic enrolment will help millions more save for the future so they can make their own choices and live life to the full. We actually found that over 65s are more likely than younger people to go on holiday, go out for meals and socialise with friends.

 ‘Clearly tomorrow is worth saving for and we're looking forward to helping a new generation save for the future they want.'

 NEST is a new national pension scheme established to provide an easy-to-use, low-cost scheme available to all employers to help them meet their new duties under automatic enrolment. We've designed the scheme around the needs of people who are largely new to pension saving with clear communications and easy online access for administration.

 NEST has a public service obligation to accept any employer who wants to use the scheme to meet their duties, large or small, as a sole scheme or alongside other provision. NEST has a legal duty to act in the interests of its members.