NEST
Nest commits to net-zero default pension strategy by 2050
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 assets grow by £3.8bn in one year despite market downturn
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).
Communicating with members in a crisis
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.
Savings habit evident as Nest records few opt outs from AE rate hike
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.
Our economic recovery needs to be green
Collective pressure has delivered results on cutting carbon emissions, so pension scheme investors should take advantage of AGM season, says Diandra Soobiah
ESG-conscious Nest members neglecting pensions
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.
National Pension Trust tops DC default fund performance league tables for 2019
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.
Lessons for policy change
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.
Nest allocates £200m to BlackRock's ESG cash fund
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.
Why size matters when it comes to DC investment
Jonathan Stapleton explains why the growing scale of DC providers is likely to herald rapid innovation in the market.
Nest surpasses £10bn in AUM; appoints two external members to investment committee
Nest has announced it has reached £10bn of assets under management (AuM) and has also appointed two external additions to its investment committee.
The tide turns for DC and alternatives
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 investment subsidiary receives FCA authorisation
Nest Invest has been authorised as an occupational pension scheme (OPS) firm by the Financial Conduct Authority (FCA).
Nest to bolster climate change strategy to support carbon cuts
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.
Trustees still unprotected and vulnerable to cyber risk
There is still no available guidance for trustees on how to incorporate cyber security risks in their investment and stewardship processes, according to NEST.
NEST members' panel calls on government to reduce AE earnings threshold
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.
Government must get moving on removing AE earnings triggers
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.
Private credit and the new benchmark for DC schemes
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.
NEST grows membership by nearly 30% in one year
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 seven years on: Has it been a success story?
AE has successfully brought millions of people into pension savings. But, as Kim Kaveh writes, it is far from perfect.
NEST: Self-employed want help with retirement saving
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.
Is NEST setting a benchmark for other DC schemes?
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
DC and ESG: The two key issues for our time
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 NEST savers three times more likely to be under AE threshold than men
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.
