NEST needs you!

NEST EGG

Interested in influencing how NEST works for members?

News reaches me that the NEST Member Panel is recruiting and looking for hard working, conscientious , pension loving folk like us. You can apply for this position online up to and including Sunday July 1st 2018, here’s the link

The blurb says

As a panel member you will be part of a small group that has an advisory role to NEST Corporation on a range of matters that affect the millions of members saving in the scheme.

This is an exciting time for NEST and we are seeking two enthusiastic individuals to join our already established Members’ Panel.

We are particularly keen to hear from you if have a NEST pension and can bring the perspective of the large portion of NEST’s membership who are new to saving in a pension scheme. We are also keen to hear from you if you live outside of London.

To be successful in this role you should have a genuine interest in NEST and willing to act in the best interests of NEST’s members. You will also be a good team player with excellent communications skills and a sense of service.

Time commitment including meetings and reading time is at least six days a year.

You can find out details of the member’s panel on the NEST website or by following this link.

The Members’ Panel allows NEST to take the views and considerations of members into account.

The panel is a sounding board for ideas and suggestions proposed by NEST. It provides recommendations on key issues to make sure that specific member concerns are raised at Trustee level.

The Members’ Panel participates in the appointment of future Trustee Members and is consulted when we review the Statement of investment principles (SIP) (PDF)​. This document outlines the Trustee Members’ approach to how they manage members’ money.

The Members’ Panel publishes an annual report. This explains how NEST has considered the views of scheme and panel members.

There is clearly work to be done, the last Member’s Panel report was delivered to the NEST board on 25th July 2017 . Presumably the 2018 version is in preparation.

Here is where you apply, you only have to the end of June to do so, so get your skates on if you want to make a difference and earn £175 pm for doing so.

You don’t have to be a NEST member but it helps, I understand they are particularly interested in having more diversity on the panel, but don’t let that stop you if you don’t tick diverse boxes.

Nigel Stanley (a friend of these pages) is in charge and there are several union members on the list of members. Don’t let that put you off or turn you on – sign up to make NEST a better place for members!

Regular readers of this blog will know there is plenty for the Member’s Panel to bring to the NEST Board’s attention!


Interested in influencing how NEST works for employers?

nest-dumb-down

Nest is also recruiting for new members of the employer’s panel.

As with the Member’s Panel, there are vacancies which can be applied for till Sunday July 1st and you can apply here.

Unlike the Member’s Panel, the Employer’s Panel does not publish details of what is discussed and is subject (according to the TOR to various confidentiality agreements).

This is what the blurb says

The Employers’ Panel enables employers to give their perspective on NEST and contribute to a range of issues and activities.

These issues will vary over time, but could include giving input on whether communications aimed at employers are appropriate and making sure that specific employer concerns are raised at Trustee level.

The Employers’ Panel is also consulted whenever we review the Statement of investment principles (SIP) (PDF). This document outlines the Trustee Members’ approach to how they manage members’ money.

Terms of reference

The panel operates under terms defined in the Employers’ Panel terms of reference (PDF).

Clearly NEST are recruiting in the right direction. A look at its existing panel suggests that a voice is needed for smaller employers  and that’s what the recruitment notice is calling for. Note- you get slightly less per month for sitting on this panel (£150)

As an (Employer) Panel member you will be part of a small group that has an advisory role to NEST Corporation on a range of matters that affect the hundreds of thousands of employers who are using the scheme.

This is an exciting time for NEST and we are seeking four enthusiastic individuals to join our already established Employers’ Panel.

We are particularly keen to hear from small business owners to those working for large corporations or have experience of supporting these types of employers. We are also keen to hear from those who work in the health and social care, construction or wholesale and retail trade sectors.

To be successful in this role you should have a genuine interest in NEST and be able to provide insight from the perspective of our employers. You will also be a good team player with excellent communications skills and a sense of service.

Time commitment including meetings and reading time is at least six days a year.

Regular readers of this blog will know there is plenty for the Employer’s  Panel to bring to the NEST Board’s attention!


Call to action – NEST needs you!

It’s no good our moaning about NEST from a distance. NEST needs people like you on its boards.

It’s part of our public service obligation to help NEST with their’ s!

Apply here for both jobs here!

 

nest debt

Don’t forget – it’s our money NEST is spending!

About henry tapper

Founder of the Pension PlayPen, Director of First Actuarial, partner of Stella, father of Olly . I am the Pension Plowman
This entry was posted in NEST, pensions and tagged , , , , , , . Bookmark the permalink.

One Response to NEST needs you!

  1. Nigel Stanley says:

    Thanks for the publicity, Henry.

    I hope it helps us get some good candidates.

    But the 2016-17 Panel report has been on the NEST website since it was published last summer https://www.nestpensions.org.uk/schemeweb/dam/nestlibrary/members-panel-annual-report-2016-17.pdf

    Liked by 2 people

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