NEST's assets under management more than double in one year

Holly Roach
clock • 1 min read

NEST is now managing £5.7bn on behalf of its members, more than double the £2.7bn it was managing at the same time the previous year.

As of 31 March, the government-backed auto enrolment (AE) provider had 7.9 million members, compared to 6.4 million in March 2018. The scheme's annual report and accounts - published on 11 July ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

DCIF highlights 'growing tension' between economic ambitions and schemes' fiduciary duty

DCIF highlights 'growing tension' between economic ambitions and schemes' fiduciary duty

Report sets out opportunities for DC schemes to contribute to UK growth while delivering strong outcomes for savers

Holly Roach
clock 11 June 2025 • 3 min read
TPT launches managed retirement for life offering

TPT launches managed retirement for life offering

Proposition allows members to convert their pots into inflation-linked income for life

Jonathan Stapleton
clock 11 June 2025 • 2 min read
Defined Contribution Conference 2025: Only one week to go!

Defined Contribution Conference 2025: Only one week to go!

This year's event is being held in central London on 18 June

Professional Pensions
clock 11 June 2025 • 1 min read
Trustpilot