Nest corporation

Major changes to workplace pension provision due in the UK over the next two years are prompting schemes to overhaul their administration, Aon Hewitt says.

The National Employment Savings Trust has started recruiting for employer and scheme panel members to represent views of stakeholders to the corporation's trustees.

Former Conservative pensions spokesman Nigel Waterson has joined Danish pension fund ATP to help it launch an alternative to the National Employment Savings Trust.

State Street Corporation has been appointed as fund administrator for the National Employment Savings Trust.

Jeannie Drake has stepped down as deputy chairman designate of NEST Corporation following her appointment as a Labour Peer.

UK - The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb said.

The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb says.