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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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The scheme had investment costs of .34% in 2019 [2] (compared to 0.32% (32 basis points) total annual administration costs of £124.9m in 2017), [14] and pension administration costs of £69 per member. In July 2023, it was announced that after more than a decade in deficit the scheme has swung into a surplus of £7.4 billion.
The Scottish Public Pensions Agency ( Scottish Gaelic: Peinnseanan Poblach na h-Alba) is an executive agency of the Scottish Government. It is responsible for the administration and regulation of government pension schemes in Scotland. This includes the pension schemes of NHS Scotland and for Scotland's teachers. Scottish Public Pensions Agency.
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The Pensions Ombudsman is a non-departmental public body stewarded by the Department of Work and Pensions, and the Ombudsman and Deputy Ombudsman are appointed by the Secretary of State for Work and Pensions. The Ombudsman is an independent commissioner; he and his staff are not civil servants. His brief is to resolve disputes of fact or law ...
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