Send tip

Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

Read more »
University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

Read more »
Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

Read more »
Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

Read more »
. . . .

All UK Firms Must Have a NEST

Written on October 28, 2010 by Japhet Writ

1 person

"The National Employment Savings Trust (Nest) will be the new low-cost pension scheme that will be the vehicle for saving for millions. For the first time, employers will have to make pension contributions for eligible workers from 2012." ---Steve Webb, Pensions Minister, UK

The government gave its nod that all UK businesses, regardless of size, should offer a company pension scheme or enroll their staff into the new National Employment Savings Trust (NEST). NEST is set to begin by 2011, and all firms are expected to be part of the scheme by September 2016. To be eligible for automatic enrollment, an individual must earn at least £7,475 per annum. However, their contribution will depend on the current national insurance earnings threshold — £5,715. Workers that earns between those levels can opt in to NEST, with employer’s contribution as well.

Read the rest of the article »
Share

Featured


View all