Timeline

Timeline 2008/9 - dates are indicative only

  • November 2008: Royal Assent of the Pensions Bill 2007 created the Pensions Act 2008.
  • December 2008: PADA decumulation consultation: Securing a retirement income published.
  • January 2009: PADA starts procurement for administration of the personal accounts scheme
  • January 2009: PADA consultation process on the approach to investment strategy for the personal accounts scheme starts with an event on responsible and socially responsible investment.
  • March 2009: DWP consultation on Employer regulations (Pack 1) – part one of the detailed employer duties.
  • April 2009: Scheme Order and Rules consultation jointly with DWP .
  • May 2009: PADA investment strategy consultation paper published.
  • May 2009: Summary of responses to PADA's decumulation paper published.
  • September 2009: DWP consultation on Employer Regulations (Pack 2) – part two of the detailed employer duties.
  • September 2009: Response document to Employer Regulations (Pack 1) published.
  • October 2009: Scheme Order and Rules response published.
  • November 2009: Summary of responses to PADA's investment strategy discussion paper published.
  • January 2010: PADA announced that NEST (National Employment Savings Trust) will be the permanent name for the personal accounts scheme.
  • January 2010: Lawrence Churchill appointed as Chair Designate of NEST Corporation.