Following the recently announced proposed removal of restrictions on NEST, the Chartered Institute of Payroll Professionals has issued the following statement from Karen Thomson, Associate Director of Policy & Research:

“It is a relief to see the government applying common sense, and listening to the industry; not only employers but individuals too. When the CIPP policy team recently asked the CIPP members for their opinion in the Call for Evidence consultation the results showed:

·More than 60% believe any changes should be introduced before 2018, with nearly 50% stating the sooner the better

·80% believe NEST should participate in an automatic transfer system

·Nearly 89% believe NEST should have the same transfer rights as other pension providers

·65% believe bulk transfers should be facilitated; and whilst many did not believe the cap to be a reason for not using NEST many believed it didn’t provide for a fair playing field.”


The Chartered Institute of Payroll Professionals is a 28 year-old membership organisation for payroll professionals in the UK. The Chartered Institute offers:

  • Training and professional payroll and pension qualifications
  • Professional designatory letters, e.g. MCIPP
  • Advisory Service and e-newsletter with all the latest industry news called News On Line
  • Continuing Professional Development programme encouraging self-improvement and career development structure
  • Unique standards-based accreditations such as PQP and the Payroll Assurance Scheme for processes and procedures
  • A membership magazine issued ten times a year called PayrollProfessional
  • Representation at the highest levels of government through a very active policy team
  • Participation in a long range strategy to change the perception of the payroll profession
  • Regular events, meetings, conferences

Please visit the CIPP website for more information,

For all media enquiries regarding this release please contact:

Becky Westaway, CIPP Public Relations Officer on 07813 052230 / [email protected]