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Europe Daily Bulletin No. 10176

8 July 2010
Contents Publication in full By article 25 / 31
GENERAL NEWS / (eu) eu/state aid
Commission approves UK pension scheme NEST

Brussels, 07/07/2010 (Agence Europe) - The European Commission decided on Tuesday 6 July to approve the establishment of an occupational pension scheme, named NEST, in the UK to ensure that all employees have access to an affordable pension system. The scheme, part of a wider pensions' reform in the UK, is meant for low to moderate income earners whom the existing market does not serve. The Commission found the measure to be compatible with EU state aid rules, because NEST carries out a...

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