Could NEST become a force to be reckoned with?

Jonathan Stapleton looks at NEST’s costs and assets under management so far

Jonathan Stapleton
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The millionth UK employee has been auto-enrolled into a workplace pension scheme. The figure was hailed by pensions minister Steve Webb as a "real landmark in this quiet revolution". But is everyone celebrating this landmark?

Last week, NEST Corporation unveiled its annual report and accounts, revealing it had been the victim of a fraud involving the diversion of payments to a supplier, which resulted in a loss of £1.4m...

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