NEST APPOINTS EMPLOYER AND MEMBER PANEL CHAIRS
11 May 2011 NEST Corporation today announced the appointment of the first Chairs of its Employer and Member Panels.
Paul Jagger MBE has been appointed Chair of the NEST Employer Panel Museji Takolia CBE has been appointed Chair of the NEST Member Panel.
The Chairs will now be involved in the selection process for their first Panel Members. There will be up to six Members on each Panel when the first Panels are established. This will allow room for scheme members and employers using NEST to be appointed to the Panels once NEST is up and running. The maximum number for both Panels, including the Chairs, is 15. The Employer Panel will provide an essential communication channel between the business world and employers who will use NEST, and the NEST Trustee. The Member Panel will play an essential role in representing the views of NEST scheme members and future scheme members to the Trustee. 22 June 2011 The Minister for Pensions, Steve Webb has announced the appointment of the following Trustee Members of NEST (National Employment Savings Trust) Corporation. Mr Iraj Amiri These appointments will be a valuable addition to NEST Corporation and the Trustee in carrying out its oversight role and will complement the skills and expertise of our existing Trustee Members extremely well." DWP Press Release NEST ANNOUNCES RETIREMENT PANEL PROVIDERS 29 June 2011 NEST has announced its Retirement Panel providers. NEST members can choose to buy a retirement income product from the panel or shop around on the open market. The panellists are: · Canada Life, providing both conventional and enhanced retirement income products · Just Retirement, providing enhanced retirement income products · Legal & General, providing both conventional and enhanced retirement income products · Partnership, providing enhanced retirement income products · Reliance Mutual, providing enhanced retirement income products specifically for those who smoke. The panel will make it easy for members to access products suitable for their needs and pot size at competitive rates. Each NEST Retirement Panellist has given a commitment to Mrs Sharon Darcy Mr Nigel Stanley ADDITIONAL TRUSTEE MEMBERS OF NEST CORPORATION
CIPP Policy News Journal
09/10/2012, Page 161 of 234
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