Leaked Cabinet Office list reveals NEST reprieve

The list - seen by The Daily Telegraph - reveals 177 taxpayer-funded bodies will be abolished, 129 merged and 4 privatised. A further 94 bodies - including The Pensions Advisory Service - are still under threat. It says the Pensions Ombudsman and the Pensions Protection Fund Ombudsman are to be merged with The Pensions Regulator. However, the document revealed 350 bodies - including the Pension Protection Fund and The Pensions Regulator - would be retained. It also said the National Employment Savings Trust (NEST) would not be scrapped, although it is unclear whether this is a temp...