NEST doubles members and quadruples assets under management

clock

The National Employment Savings Trust (NEST) quadrupled its assets under management over the year to the end of March to £420m, according to its annual report.

The report shows NEST's membership doubled to two million over the 12 months, while the number of employers using it went from 5,000 to 14,000. Outgoing chief executive Tim Jones, said: "That's ...

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

Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

Research finds retirees who own their homes tend to ‘frontload’ their retirement spending

Martin Richmond
clock 08 May 2025 • 6 min read
Scottish Widows says 15.3 million people at risk of retirement poverty

Scottish Widows says 15.3 million people at risk of retirement poverty

Major concerns for gen Z, low to middle-income earners and self-employed workers

Jasmine Urquhart
clock 07 May 2025 • 3 min read
DC savers' expected retirement living standard grow since 2019, Aon finds

DC savers' expected retirement living standard grow since 2019, Aon finds

Aon DC Tracker shows risks of emerging ‘intergenerational divide’ in retirement outcomes

Martin Richmond
clock 07 May 2025 • 5 min read
Trustpilot