NEST confirms Tata will administer scheme

Nest Corporation said Tata would administer the scheme until June 2020, with the option to extend for a further five years. The contract covers all aspects of scheme administration including web-based enrolment, record-keeping, contribution collection and details of each individual's retirement pot. "This is the first of a series of announcements that NEST will make over the coming months, as we complete our preparations for accepting business from volunteer organisations from the second quarter of next year," says Lawrence Churchill, chair of NEST Corporation. Tim Jones, chief exe...