The National Employment Savings Trust (NEST) has conceded it has little chance of recovering most of the £1.4m it lost due to fraud in 2012/13.
The scam, described as a mandate fraud, involved the diversion of a supplier payment from the scheme's trustee body, NEST Corporation. In its annual report and accounts for 2013/14 the organisation,...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till