State Street Corporation has today announced that it has been reappointed by Nest Corporation, the trustee body of the UK's National Employment Savings Trust (Nest), to continue to provide a variety of back office servicing solutions.

Nest is one of the largest pension providers in the UK and is the first universal pension scheme that ensures every employer has a pension available for their eligible workers.

State Street will provide global custody, fund accounting, performance measurement, compliance monitoring, asset allocation rebalancing and unit dealing for Nest's 9 million members in the UK. State Street will manage the movement of members' contributions from the scheme administrator to the appropriate fund managers.

"On the back of a very successful period, we've decided to take up the option of extending our fund administration contract with State Street for a further five years," said Henk Michels, director of Fund Administration at Nest.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

State Street Corporation has today announced that it has been reappointed by Nest Corporation, the trustee body of the UK's National Employment Savings Trust (Nest), to continue to provide a variety of back office servicing solutions.

Nest is one of the largest pension providers in the UK and is the first universal pension scheme that ensures every employer has a pension available for their eligible workers.

State Street will provide global custody, fund accounting, performance measurement, compliance monitoring, asset allocation rebalancing and unit dealing for Nest's 9 million members in the UK. State Street will manage the movement of members' contributions from the scheme administrator to the appropriate fund managers.

"On the back of a very successful period, we've decided to take up the option of extending our fund administration contract with State Street for a further five years," said Henk Michels, director of Fund Administration at Nest.