NEST Appoints Atos to Create Digital-Focused Scheme
Posted on 02/11/2021
National Employment Savings Trust is a trust-based defined contribution pension scheme that is run by a Trustee (NEST Corporation). NEST Corporation awarded a contract to Atos. Atos operates under the brands Atos and Atos|Syntel. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.
Atos will be provide admin services to NEST starting in 2023. The new contract will last for a minimum of ten years with an optional extension period of up to five years and the option of an additional period of up to three years for exit. NEST will now begin a phased program to manage the transition to the new contract and ensure a stable and secure transfer of operations in 2023.
