Nest returns profit of £11.9m in 2024/25

Annual report shows 9.9% five-year returns for 2045 growth phase fund

Jasmine Urquhart
clock • 2 min read
Nest returns profit of £11.9m in 2024/25

Nest returned a profit of £11.9m for the first time, according to its annual report for 2024/25.

The report for the £10.6bn government-backed master trust and Nest Corporation showed membership had grown from 13 million in March last year to 13.8 million, receiving an average of £663m in new c...

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 Industry

Anthony Arter: A 'privilege' to work at TPO and help tackle injustice

Anthony Arter: A 'privilege' to work at TPO and help tackle injustice

Arter speaks to PP about his time at The Pensions Ombudsman

Holly Roach
clock 28 August 2025 • 6 min read
News Digest: BlackRock decries 'politicising' pension fund management

News Digest: BlackRock decries 'politicising' pension fund management

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 28 August 2025 • 1 min read
Obituary: Andrew Warwick-Thompson

Obituary: Andrew Warwick-Thompson

The industry remembers a man of ‘tremendous integrity’ with a ‘passion for making a real difference’

Jonathan Stapleton
clock 27 August 2025 • 2 min read
Trustpilot