Personal Accounts rebranded as NEST

Pensions minister Angela Eagle announced the name of the scheme at PADA's London headquarters today. The NEST Corporation will be the name of the trustee body running the scheme. NEST is the scheme being introduced, in stages, from October 2012. The Government-implemented scheme is being created to provide a low-cost, independent, workplace pension scheme which any employer can access. The Government created the scheme to give millions of mainly low to middle income workers access to an employer sponsored scheme. NEST accompanies the introduction of auto-enrolment into a qualify...