Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, when the National Employment Savings Trust plans to complete (a) the independent assurance audit and (b) the other constituent parts of the voluntary assurance framework.

NEST Corporation is currently producing an independent assurance report on the AAF 02/07 standard for Master Trust Schemes.

In the autumn of 2014, NEST Corporation published a governance statement which covered many of the requirements of the independent assurance report and which was warmly welcomed by the Pensions Regulator. This governance statement was examined and signed off by the NEST Corporation Board.