About us
Why we're here
Watch our two-minute video to discover how NEST (National Employment Savings Trust) fits in with the Government's changes to workplace pensions.
Who are we?
The Personal Accounts Delivery Authority (PADA) is a non-departmental public body (NDPB) accountable to Parliament and reporting, through a Board, to the Secretary of State for the Department for Work and Pensions.
Our job is to set up a national, trust-based pension scheme called NEST (National Employment Savings Trust)NEST is the new name for the personal accounts scheme. Personal accounts was a working title set out in the Pensions Act 2008 and was not intended to be the permanent name for the scheme. Throughout this site you will still find reference to personal accounts in documents produced before January 2010. that will help millions of people on low and moderate incomes, who do not have access to a good-quality workplace pension, save for their retirement.
Key facts about PADA can be found here (PDF 223kb)
Vision and values
Our corporate vision statement describes the purpose for our existence as an organisation, and the reason why, as individuals, we are...
More informationCorporate plan
Our Corporate Plan 2009-2012 (PDF, 2492 kb), incorporating the PADA Business Plan 2009/10, sets out our strategic goals and...
More informationBoard
Board appointments are the decision of Government, and must conform with the Code of Practice of the Office of the Commissioner...
More informationManagement team
Our executive management team is responsible for the day to day running of the company...
More informationPADA people
Once established, NEST (National Employment Savings Trust) will be one of the largest pension savings schemes in the world...
More informationCorporate governance
PADA has detailed processes and policies in place setting out how it is run as an organisation. This is known ...
More informationOur story
PADA has been created as an essential part of the major UK pension reforms to address under-saving in retirement...
More information
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