National Employment Savings Trust Debate
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Steve Webb
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National Employment Savings Trust
Steve Webb Excerpts(12 years, 1 month ago)
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The Minister of State, Department for Work and Pensions (Steve Webb)
Later today the Government will publish the consultation document “The National Employment Savings Trust (NEST)—Proposals for amendments to the NEST Order”.
These proposed minor technical and consequential amendments will align the order with changes to automatic enrolment legislation. They will also provide clarity and certainty to NEST and the employers and members who use it.
The period of consultation will begin today and will end on 26 November 2012.
A draft amendment order is annexed to the consultation document, along with an initial assessment of the impacts.
I will place a copy of the consultation document in the Libraries of both Houses and it will be available later today on the Department’s website at: http://www.dwp. gov.uk/consultations/2012