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Nest pension benefits showcased

More companies could enrol their employees into the National Employment Savings Trust (Nest) scheme after its benefits were showcased at an event this week.

Figures reveal that nearly 100 firms have already signed up to the new workplace pension scheme ahead of next year's introduction of employer duties, while 25 employers are actively using Nest.

Speaking prior to Nest Live, which took place on Tuesday, Tim Jones, chief executive of the Nest Corporation, said: "The Nest Live event demonstrates how employers of all shapes and sizes are choosing to use Nest because it is meeting their needs, and the needs of their workers."

He added: "Many of these employers are joining Nest and getting ready for automatic enrolment well ahead of their staging dates, which is incredibly encouraging.

"Others are getting their plans in place ready for automatic enrolment and using Nest as part of their solution alongside other schemes - that's exactly the role Nest is here to play."

Copyright © Press Association 2011

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