NEST tackles member anger at underperformance

clock

NEST is set to tackle member anger at pension pot falls by attributing losses on benefits statements in the context of employer rather than employee contributions.

The scheme said it was concerned that a monthly loss on a pension pot would lead to a knee-jerk opt-out from the scheme by a member, stopping them saving for retirement. The plan follows on from...

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

Aviva launches DC private markets default investment strategy

Aviva launches DC private markets default investment strategy

Strategy will allocate between 20% to 25% of default fund assets to global private markets

Martin Richmond
clock 30 September 2025 • 4 min read
Partner Insight: Harnessing surplus for lasting member outcomes

Partner Insight: Harnessing surplus for lasting member outcomes

Aon’s innovative blended DC solution

Aon
clock 19 September 2025 • 4 min read
Partner Insight: Getting retirement guidance right – the future of DC depends on it

Partner Insight: Getting retirement guidance right – the future of DC depends on it

Philip Smith, DC Director, TPT Retirement Solutions
clock 01 August 2025 • 6 min read
Trustpilot