NEST looks to change scheme rules

The changes are partly in response to proposed reforms contained in a Department for Work Pensions (DWP) consultation which runs until 27 November. This looks at how the piece of legislation that set up the fund - known as the NEST Order, which can only be changed by parliament - can be reformed to improve the scheme for employers and members.  The £2.3bn master trust is proposing to amend the rules to reflect those changes, which includes allowing participating employers to contractually enroll their employees to NEST. Also, allowing individuals to join in the event of a bulk tran...