NEST consultation raises concerns about monopoly and competition

Michael Klimes
clock • 8 min read

DWP's consultation into the future of NEST has generated some strongly contrasting responses about whether it should enter the at-retirement product market. Michael Klimes reports

At a glance NEST believes it is best placed to offer at-retirement solutions for its members, which are predominantly lower earners  If it does not offer solutions, NEST is concerned a 'two-...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Partner Insight: The missing allocation - the case for UK infrastructure in DC default funds

Partner Insight: The missing allocation - the case for UK infrastructure in DC default funds

Alistair Ray, Chief Investment Officer, Dalmore Capital
clock 20 October 2026 • 1 min read
Partner Insight: Why active investing is becoming more outcome-oriented

Partner Insight: Why active investing is becoming more outcome-oriented

As pension schemes and institutional investors face increasingly complex objectives, active investing is evolving beyond security selection towards more purposeful portfolio design and implementation.

Samantha Ricciardi, Head of EMEA, Fidelity International
clock 19 October 2026 • 5 min read
Partner Insight: Should pension education become as routine as health and safety training?

Partner Insight: Should pension education become as routine as health and safety training?

L&G's Building Future You workplace pilot explores whether retirement adequacy can be supported by treating pension education as a workplace responsibility.

L&G
clock 19 October 2026 • 4 min read
Trustpilot