The Pensions Act 2008 requires Nest to establish an Employers’ Panel and a Members’ Panel.
The purpose of these panels is to allow employers and members to tell us what they think about Nest and what’s important to them, to make sure that their voices are heard.
Nest advertises appointments publicly and chooses members based on merit. We make these appointments openly and transparently.
Appointments will last for a term of two to four years, at the end of which each member can apply for a further term.
The panels provide a forum for employers and members to give their perspectives on Nest and contribute to a range of key issues and activities. They also ensure Nest takes their views into account, raising concerns at Board level.
They act as a sounding board for ideas and recommendations on key issues affecting Nest’s employers and members.