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Website. www.nestpensions.org.uk. The National Employment Savings Trust ( NEST) is a defined contribution workplace pension scheme in the United Kingdom. It was set up to facilitate automatic enrolment as part of the government's workplace pension reforms under the Pensions Act 2008. Due to its public service obligation, any UK employer can use ...
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Until 2021, the DWP was still using ICL VME based computer systems, originating from its 1988 Pension Service Computer System, to support state pension payments. [ 15 ] [ 16 ] The software was migrated to an in-house VME replacement system, in one of the largest computer replacement projects in Europe.
The Pensions Act 2008is an Act of the Parliament of the United Kingdom. The principal change brought about by the Act is that all workers will have to opt out of an occupational pension plan of their employer, rather than opt in. This is referred to as automatic enrolment, and moves a significant amount of responsibility onto the employer to ...
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