February 26, 2015 8:41 PM ET

Company Overview of U.K. National Employment Savings Trust Corporation

Company Overview

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United Kingdom

Key Executives for U.K. National Employment Savings Trust Corporation

Chief Executive
Age: 58
Chairman of Member Panel
Chairman of Employer Panel
Managing Director of Product & Operations
Compensation as of Fiscal Year 2014.

U.K. National Employment Savings Trust Corporation Key Developments

National Employment Savings Trust Announces Executive Changes

Otto Thoresen is to stand down from being director general of the Association of British Insurers (ABI) in February to become the chairman of the National Employment Savings Trust (Nest). Thoresen will replace current Nest chairman Lawrence Churchill, whose five-year term finishes in February. Thoresen will be paid £91,000 per year for two and half days a week at Nest.

National Employment Savings Trust Corporation Announces Deputy Chair and Trustee Member Appointments, Effective 1 June 2014

Tom Boardman appointed as Deputy Chair and Graham Berville as a new Trustee Member of the NEST Corporation. The Minister for Pensions, Steve Webb, announced the appointment of Tom Boardman as Deputy Chair and Graham Berville as a new Trustee Member to the National Employment Savings Trust (NEST) Corporation. Their appointments will commence on 1 June 2014. Tom Boardman has been a NEST Trustee Member since 2010. From 2001 to 2008 he was the Chief Executive of Police Mutual Assurance Society.

John Taylor Resigns as Director of National Employment Savings Trust

National Employment Savings Trust director John Taylor has left the scheme after just one year in the role. Taylor, joined the company as its managing director of customer and propositions in March 2013. He has left this position to become head of delivery at pensions consultants Hymans Robertson. Previously Taylor was intermediaries marketing director and corporate pensions market director at Scottish Widows and also wrap and savings marketing director at Standard Life.

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