Department for Work and Pensions
To run, and act as the Trustee of, the NEST Pension Scheme. Employers can use NEST to meet their legal duties to enrol workers into a workplace pension. It is designed for a target market of low to moderate earners that is largely new to pensions saving.
NEST Corporation is a body corporate set up in July 2010 as the successor to the Personal Accounts Delivery Authority (PADA) and is funded by 1) Grant-in-aid which covers costs associated with the function of government and 2) draw down on government loan. It has dual status as an Executive NDPB and a Public Corporation. In the 2012/13 financial year NEST Corporation received £68.2m in the form of a government (DWP) loan with interest at the standard government rate.
| Address | Riverside House, 2a Southwark Bridge Road, London, SE1 9HA |
| Phone | 020 3056 3600 |
| enquiries@nestcorporation.org.uk | |
| Website | http://www.nestpensions.org.uk/ |
| Chair | Lawrence Churchill |
| Chief Executive / Secretary | Tim Jones |
Please note that we are currently updating the public bodies data, and some information may not be up to date.