Who will run the Scheme

Compass has decided to utilise NEST (the National Employment Savings Trust) as our auto enrolment scheme. This is a newly formed scheme, initiated by the Government. For entitled workers the Compass Stakeholder scheme, arranged through Friends Life, will be used.

The decision to appoint NEST as the Compass workplace pension scheme was made following a robust and comprehensive selection process. We decided that NEST would provide the right type of service and investment for our employees and had the capabilities to support a company as large and diverse as Compass.

Compass felt NEST offered portability for employees as once they have become a NEST member, this remains for life. Even if they move employer they can continue contributing to their NEST pension scheme. We believe it offers the right type of investments with the language and approach to pensions being clear and straight forward.