NEST is a strange beast, borne of fears which never materialised. Do we really need a nationalised provider of pensions, which could distort free markets?”
The National Employment Savings Trust (NEST) was established by government to be a pension provider supporting the policy of Automatic Enrolment into pension saving by ensuring that there would be a scheme which would accept any employer who wished to use it, irrespective of size.
In the event, a number of other market participants have emerged who will do this. However, government is now proposing to extend the activities NEST can undertake.
The IoD thinks this could be market-distortive and that NEST should stick to the task it was set up to do.
Read full report
For more information, please contact
0161 806 0890
Branch and staff contacts can be found on the main Contacts tab
IoD North West
A range of essential products and services handpicked for you.
Save 5% on specialist business insurances including Cyber & Data Risks, Office and Professional Indemnity
Harness the power of strategic M&A and save 10% on all fees.
Save up to 35% on policies that protect against the personal risks faced in director-level roles
Protect your biggest asset with award winning home insurance, members save 12.5%