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Nest unveils new adviser tool

The National Employment Savings Trust has unveiled a free tool for intermediaries to help them work confidently with clients on pension issues.

Called Nest Connect, it allows intermediaries to set up directly with Nest as a delegate organisation, without needing to be introduced by an employer.

Intermediaries can also manage all their clients through one account, removing the need for individual passwords for each.

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Research done by Nest has shown that only 23 per cent of small and micro employers said they were confident about dealing with pensions issues, and 74 per cent said they do not currently offer a pension to their workers. The same proportion said they want support from intermediaries such as advisers, accountants or payroll providers.