FOI reference - FOI-153
Date - 25 August 2023
Request
You have requested the following information:
- How many companies use National Employment Savings Trust (NEST) Corporation as a pension provider?
- How many companies who use NEST, have been reported by NEST to The Pensions Regulator (TPR)?
- How many companies who have been reported by NEST, have been fined by TPR for not making their timely contributions?
Following on a request for further clarification. You confirmed that you would like us to "provide just the grand total over the last 5 years" for questions 2 and 3.
Response
I confirm that we hold some of the information you have requested.
Our response
- How many companies use NEST as a pension provider?
Unfortunately, we don’t hold this information. With the data we do hold it is not possible to get a live or active figure for the number of employers currently using NEST. As a public corporation, NEST is also covered by the Freedom of Information Act. You can find more detail on how to submit a request at https://www.nestpensions.org.uk/schemeweb/dam/nestlibrary/foi_guidance_notes_applicants.pdf.
- How many companies who use NEST, have been reported by NEST to TPR?
Over the past five years a total of 157,162 employers have been reported by NEST to TPR.
- How many companies who have been reported by NEST, have been fined by TPR for not making their timely contributions?
Over the past five years a total of 34,199 employers who have been reported by NEST, have been fined by TPR.