Current NEST CEO Tim Jones to Step down at the End of 2015

The National Employment Savings Trust (NEST) has recently announced that their current Chief Executive Officer, Tim Jones, has decided to step down at the end of 2015 in order to develop a global digital money product in 2016. NEST are therefore currently in the process of recruiting a new CEO, who is yet to be announced.

This surprising news announcement of Jones’ step down comes in just a few months after Otto Thoresen was appointed NEST chairman. Thoresen was formerly director general of the Association of British Insurers and took the place of Lawrence Churchill, whose five year term ended this month.

Details of the Nest announcement about its CEO stepping down is available at the Burnham Resources’ blog section page at http://www.burnhamresources.co.uk/nest-search-new-ceo/.

About Nest:

The National Employment Savings Trust (NEST) is a defined contribution workplace pension scheme in the UK. It was set up to facilitate automatic enrolment as part of the government’s workplace pension reforms under the Pensions Act 2008. Due to its public service obligation, any UK employer can use NEST to meet its new workplace duties as set out in the Pensions Act 2008.

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