Nest has set out plans to move to its default pension strategy towards a net-zero investment portfolio by 2050, with at least £5.5bn of equities pledged to climate aware strategies.
Nest saw average inflows of £400m in new contributions per month over the course of 2019/20, leading to a 67% increase in assets under management (AUM).
Millions of people are saving for a pension for the first time thanks to AE, but the Covid-19 crisis has posed a communications challenge. James Phillips looks at how to get the long-term nature of pensions across to this new generation of savers.
Just a minority of Nest members opted out of their pensions in the immediate aftermath of the second phased auto-enrolment (AE) contribution increase, the master trust reveals.
Collective pressure has delivered results on cutting carbon emissions, so pension scheme investors should take advantage of AGM season, says Diandra Soobiah
Nest members are making changes to their everyday lives to be more environmentally or socially responsible, but failing to take the same action on their pensions, the provider says.
The National Pension Trust’s global equity fund has been named as the best performing growth phase default fund over one and three years in a research report published by Defaqto.
Auto-enrolment reforms have transformed the UK’s pension system. Nick Reeve looks at latest research examining the lessons to be learned from the process.
Auto-enrolment master trust Nest has invested in an “environmentally aware” cash fund run by BlackRock as it steps up its climate change investment policy.
Jonathan Stapleton explains why the growing scale of DC providers is likely to herald rapid innovation in the market.
Nest has announced it has reached £10bn of assets under management (AuM) and has also appointed two external additions to its investment committee.
DC schemes are increasingly looking at investing in alternatives but face a number of challenges. Charlotte Moore takes a look at the issues they face.
Nest Invest has been authorised as an occupational pension scheme (OPS) firm by the Financial Conduct Authority (FCA).
Government auto-enrolment provider Nest has mapped out how it will aim to help tackle climate-related risks, by testing ways to support cutting carbon emissions to 1.5 degrees.
There is still no available guidance for trustees on how to incorporate cyber security risks in their investment and stewardship processes, according to NEST.
The NEST members’ panel is calling on the government to start reducing the £10,000 auto-enrolment (AE) earnings threshold, before the move to start contributions from the first pound earned.
Waiting for the mid-2020s to allow AE members to save from the first pound means they will miss out on big boosts to retirement pots, says Nigel Stanley.
While private credit mandates may not be straightforward to set up, they are a reliable source of income with lower default risk, says Mark Fawcett.
The number of members to have ever used NEST rose by 28% over the 2018/19 fiscal year to 31 March, according to its research arm, NEST Insight.
AE has successfully brought millions of people into pension savings. But, as Kim Kaveh writes, it is far from perfect.
Three-quarters of self-employed workers agree it is important to save for retirement, and more than half want help with it, according to NEST.
NEST has allocated 5% of assets to private credit and announced its two fund managers for this area. Holly Roach looks at how the provider is leading the way for other schemes
Across the industry, two key discussions are dominating the landscape: ESG and DC investment. Getting the approach to both of these right is vital, says Jonathan Stapleton.
Female members of NEST are three times more likely than men to be under the auto-enrolment (AE) eligibility threshold, but exhibit equal savings behaviour, the provider has found.