NEST Corporation reveals £1.4m fraud - UPDATED

clock

NEST Corporation, the trustee body that runs the National Employment Savings Trust (NEST), has been defrauded out of more than £1.4m, its annual accounts show.

The body lost a total of £1,446,000 in 2012/13 as a result of the attack, which involved the diversion of a supplier payment. The fraud was directed at NEST Corporation so no money was taken from m...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions Live 2025: Registration open

Professional Pensions Live 2025: Registration open

Our flagship event is returning this year on 21 May at Convene, 155 Bishopsgate in London

Professional Pensions
clock 23 January 2025 • 1 min read
News Digest: HMRC to close pensioner tax trap

News Digest: HMRC to close pensioner tax trap

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 January 2025 • 1 min read
Issues around 'persistent' gender pensions gap expected to become more 'acute', WPC told

Issues around 'persistent' gender pensions gap expected to become more 'acute', WPC told

Industry says issues are becoming more ‘acute’ for younger generations

Martin Richmond
clock 22 January 2025 • 5 min read
Trustpilot