Consultation outcome

Draft amendment to National Employment Savings Trust (NEST) Corporation Regulations 2011

From:
Department for Work and Pensions
Published
9 December 2010
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Applies to England, Scotland and Wales

This consultation has concluded

Download the full outcome

Government response: National Employment Savings Trust Corporation Regulations 2011 - consultation on draft amendment

PDF, 54.7 KB, 9 pages

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Detail of outcome

The government believes that it is necessary to establish NEST to ensure that all employers have access to a suitable low cost scheme with which to meet the new automatic enrolment duties.

Original consultation

Summary

This consultation sought views on amending Regulation 5 of the Pension Schemes (Investment) Regulations 2005.

This consultation ran from
to

Consultation description

The amendment would be to exempt National Employment Savings Trust (NEST) Corporation’s borrowing in relation to the costs of set up and administration of the scheme from the restrictions imposed by that regulation.

Documents

Government response to the consultation on the National Employment Savings Trust Corporation Regulations 2011 – consultation on draft amendment

PDF, 54.7 KB, 9 pages

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National Employment Savings Trust Corporation Regulations 2011 – consultation on draft amendment

PDF, 101 KB, 14 pages

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Published 9 December 2010