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Policy and procedures

NEST Corporation sets out various policies and plans designed to keep key stakeholders - including members and employers using NEST – informed of current and planned activity.

Corporate responsibility and corporate governance

Corporate governance focuses on the way an organisation is run. It provides the structure and control that an organisation uses to set out its goals and monitor its performance.

See our corporate governance statement (PDF)

Corporate responsibility is about ensuring that NEST acts in a way that has a positive impact on its customers, employees and community. NEST Corporation is committed to mapping our impact and reporting on how we are carrying out our responsibilities to NEST members, our stakeholders, our workforce, and wider society.

See our corporate responsibility statement (PDF)

The Modern Slavery Act came into force in October 2015. The Act puts an obligation on commercial organisations with a turnover in excess of £36 million to publish an annual statement. That statement must outline the steps taken in the previous financial year to ensure slavery and human trafficking isn’t taking place within the organisation or its supply chain.

NEST Corporation doesn’t condone any form of modern slavery or human trafficking. Although NEST Corporation’s turnover doesn’t exceed the £36 million threshold, we’re aiming to issue a modern slavery and human trafficking statement in due course.

NEST’s corporate plan

Our corporate plan outlines the key priorities and objectives of NEST in the coming years. It’s reviewed regularly to keep track of what we need to do to achieve our vision of helping millions save confidently for their retirement.

Corporate plan 2016-2019 (PDF)

Corporate plan 2014-2017 (PDF)

Corporate plan 2013-2016 (PDF)

Corporate plan 2012-2015 (PDF)

Corporate plan 2011-2014 (PDF)

Corporate plan 2010-2013 (PDF)

NEST’s terms of reference

The terms of reference outline the responsibilities of the Trustee Members of NEST and Trustee committees that set policies for the scheme.

NEST Corporation governing body terms of reference (PDF) – This sets out the role and responsibilities of the Trustee and its general powers and duties.

Trustee Member code of conduct (PDF) – Our Trustee Members are expected to uphold appropriate ethical behaviour, as outlined in this document.

Terms of reference for our Trustee committees - These documents set out the responsibility and structure for each of our specialist committees.

Employers’ Panel terms of reference (PDF) - Members of our panel are expected to uphold appropriate ethical behaviour, as outlined in this document.

Members’ Panel terms of reference (PDF) - Members of our panel are expected to uphold appropriate ethical behaviour, as outlined in this document.

The Trustee

NEST Corporation is the Trustee of NEST, made up of a Chair and up to 14 Trustee members. They set the strategic direction and objectives of NEST.

Find out more about NEST's Trustee Members

Executive team

Day-to-day management of NEST Corporation is delegated by the Trustee to the executive team.

Find out about our executive team

Employers’ and Members’ Panel

The panels provide a forum for employers and members to give their perspectives on NEST, key issues and activities. By raising concerns at a Trustee level, they make sure NEST takes their views into account.

Find out about our panels

How NEST is run

As a public body we have no owners or shareholders. This means we’re free to run the scheme in the interests of our members.

Find out more about how NEST is run