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Detail of outcome
The government believes that it is necessary to establish NEST to ensure that all employers have access to a suitable low cost scheme with which to meet the new automatic enrolment duties.
Original consultation
Summary
This consultation sought views on amending Regulation 5 of the Pension Schemes (Investment) Regulations 2005.
This consultation ran from to
Consultation description
The amendment would be to exempt National Employment Savings Trust (NEST) Corporation’s borrowing in relation to the costs of set up and administration of the scheme from the restrictions imposed by that regulation.
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