Major household names like McDonalds, Travelodge, the BBC and BT will use the National Employment Savings Trust for auto-enrolment.
At an employer roadshow this morning, NEST revealed that around 20% of all firms with staging fates in the first year will use the scheme for auto-enrolment. In total over 100 employers have chosen NEST in the first year, with a further 170 businesses trialling the scheme. NEST assistant director, distribution, Roy Porter commented: "So who says NEST is just for small employers?" Porter said one employer planned to use the scheme for 5,000 people who sit outside its existing scheme. Another client has chosen to use the scheme for 12,000 non-managerial, high turn-over or relative...
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