Consultation outcome

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

This consultation was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

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

This consultation ran from to

Summary

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

Documents

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

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

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If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

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.