The National Employment Savings Trust or NEST for short will be administered by Tata. Because this is a new scheme there are no jobs to offshore. Rather the government is offshoring them from the start. Well apart from front line customer services.
It is also keeping the data in the UK.
This is less painful a way to offshore because there are no UK workers made redundant. But isn't it just as bad not giving UK IT workers the opportunity in the first place?